WORLD FOREX: DLR for Goldman not Raise Risk

Better-than-expected first-quarter due to Goldman Sachs added the mood in financial markets. But a small sign that investors are willing to contribute to the continuous increase in this phase. Currency strategists at Unicredit Markets and Investment Banking has described the mood as one of "extreme caution and moderate optimism." The news that Goldman Sachs was 1.81 billion U.S. dollars net profit in the first three months, and it is about to return to some 10 billion U.S. dollars, which received support from the United States S. Tarp saves originally helped the vision of relations with analysts that the worst crisis in U.S. financial sector could now be over. But this is only the first quarter of the earnings season and the market struggling with the results of JP Morgan and Citigroup at the end of the week. Gareth Berry, currency strategists at UBS in London, said the atmosphere is still fragile. "Any negative earning surprises, earnings season comes into full swing, the atmosphere could go back to the safe is the dollar," said Berry. In addition, there are risks associated with the U.S. data due this week.

Forex Overview

A week from the euro against the yen in Asia Tuesday as Japanese stock market high Goldman Sachs with a positive earnings report, despite falling to the bottom, and the Japanese currency speculators to buy a safe harbor. A week ago, the European currency JPY134.33 high as some expectations that speculators wage feasible by large investment banks will help the United States encourage the stock higher in the region to buy roses, traders said. Expand the number of markets on Monday for the Easter weekend will remain closed. U.S. stock market, but impressive performance is not open. Investor sentiment is still a global major in the money market is tomorrow, not the safe haven currencies such as euro, Aussie and kiwi dollars, but more new business to a strong start this week. During the opening hours of the U.S. in particular, the collection is very impressive and euro USD1.3368 conducted on closed session.