Once again, the euro has already returned to the usual downlink - the morning of Thursday the single currency is traded against the U.S. dollar within a narrow range, although the day before fell from 1.4017 to 1.3893.
By 10:15 Moscow time the euro is worth 1.3875.
morning peacefully currencies are traded in narrow ranges before the seizure of the Bank of England and the ECB, which will be decided by the rates and give comments on the current situation and future projections. Players will be interested when the European Central Bank intends to begin curtailing programs to stimulate the economy - traders fear that because of the unresolved question of the Greek ECB will postpone until the beginning of the tightening of monetary policy. Against this backdrop, the euro is now located near the lowest in 7 months mark.
not pleased investors today and the Asia-Pacific - data on Australia went weak, and in New Zealand and did the unemployment rate jumped to a decade high. In addition, China reported that the volume of loans on the results of January amounted to 1.5 trillion yuan, despite all efforts by authorities to limit the scope of lending to rein in economic growth China.
Do not forget that tomorrow will be made public data on the labor market in the U.S. - before the publication of investors are not likely to commit serious deal.
Thus, on the market today, quiet, depressed and listless trading - the euro after yesterday, “will long continue to rebound.
Let”s wait for the results of meetings of the ECB - in the comments Trichet and his colleagues are likely to be that analyze.
Estimated range trading today on the pair EUR /USD - 1.3850-1.4020.
The contradictory dynamics of global sites and neutral dynamics of oil prices are in favor of opening of the Russian sites about yesterday”s levels
The task of “Bears” remains the achievement and the breakdown of the nearest support, located at 1425 points on the MICEX
Progress in today”s trading will be determined by the dynamics of the currency market, where before the opening of a decrease in pair euro /dollar
The opening of trading on Russia”s market should be flat - a situation during the night has not changed
Gazprom will hold annual shareholders” meeting June 25, 2010
Review of the FOREX market for 03.02.10
Latin America: Brazil fears tougher, America Movil pleases Mexico
Rate for the dollar fell - an overview of cash markets
NBU should not give an explanation for the size of currency collection
Forex: the market froze, players are waiting for the outcome of meetings of the ECB and the Bank of England
Once again, the euro has already returned to the usual downlink - the morning of Thursday the single currency is traded against the U.S. dollar within a narrow range, although the day before fell from 1.4017 to 1.3893.
By 10:15 Moscow time the euro is worth 1.3875.
morning peacefully currencies are traded in narrow ranges before the seizure of the Bank of England and the ECB, which will be decided by the rates and give comments on the current situation and future projections. Players will be interested when the European Central Bank intends to begin curtailing programs to stimulate the economy - traders fear that because of the unresolved question of the Greek ECB will postpone until the beginning of the tightening of monetary policy. Against this backdrop, the euro is now located near the lowest in 7 months mark.
not pleased investors today and the Asia-Pacific - data on Australia went weak, and in New Zealand and did the unemployment rate jumped to a decade high. In addition, China reported that the volume of loans on the results of January amounted to 1.5 trillion yuan, despite all efforts by authorities to limit the scope of lending to rein in economic growth China.
Do not forget that tomorrow will be made public data on the labor market in the U.S. - before the publication of investors are not likely to commit serious deal.
Thus, on the market today, quiet, depressed and listless trading - the euro after yesterday, “will long continue to rebound.
Let”s wait for the results of meetings of the ECB - in the comments Trichet and his colleagues are likely to be that analyze.
Estimated range trading today on the pair EUR /USD - 1.3850-1.4020.
The contradictory dynamics of global sites and neutral dynamics of oil prices are in favor of opening of the Russian sites about yesterday”s levels
The task of “Bears” remains the achievement and the breakdown of the nearest support, located at 1425 points on the MICEX
Progress in today”s trading will be determined by the dynamics of the currency market, where before the opening of a decrease in pair euro /dollar
The opening of trading on Russia”s market should be flat - a situation during the night has not changed
Gazprom will hold annual shareholders” meeting June 25, 2010
Review of the FOREX market for 03.02.10
Latin America: Brazil fears tougher, America Movil pleases Mexico
Rate for the dollar fell - an overview of cash markets
NBU should not give an explanation for the size of currency collection