Last Friday, the euro /dollar at the U.S. session has stabilized around 1.4900 level. Rate pound /dollar rose to 1.6400 marks, which is 150 points higher than the daily minimum. Pair dollar /yen rose to 91.23. Cross the euro /yen grew to the level of 136.00.
The experts noted that the pressure on the euro during the day helped to lower quotations on the stock markets. Process of closing of short positions on the dollar also contributed to the approach of the weekend. However, dealers noted that the tendency of weakening of the dollar may continue. Characteristic feature of this development is the rapid increase in oil prices. Also, the pressure on the U.S. dollar has a low level of policy interest rates in the U.S. and the lack of prospects for improving soon.
Last Friday, the Dow Jones New York Stock Exchange fell 45.42 points (-0.45%). The Nasdaq fell 10.37 points (-0.48%). SP 500 index dropped to 6.21 points (-0.57%).
Last Friday, the index of the Frankfurt Stock Exchange Xetra DAX fell 87.38 points (-1.50%). Index of the London Stock Exchange FTSE 100 fell 32.71 points (-0.63%).
course gold has adjusted to the mark 1043.10 dollars per troy ounce, it's almost ten dollars less than the daily maximum.
The price of WTI crude oil in New York reached a level of 78.50 dollars per barrel, which is the highest since October last year.
Industrial production in the U.S. for September 2009 amounted to 0.7% (forecast was 0.2%, the previous value of 1.2%).
Capacity utilization in the U.S. for September 2009 amounted to 70.5 (forecast was 69.8, revised from the previous value of 69.6 to 69.9).
volume purchases of U.S. assets by foreign investors (TICS) in August 2009 amounted to 10.2 billion dollars (revised from the previous value of -97.5 to -107.7).
preliminary Michigan sentiment index value in the U.S. for October 2009 was 69.4 (forecast was 73.7, the previous value of 73.5).
Today in Asia remained the main driver of the market the Japanese yen, which is significantly correlated with the dynamics of the stock market. This index Nikkei 225 falls to 33.21 points (-0.32%). Index of the Hong Kong Stock Exchange, Hang Seng rising to 85.70 points (0.39%). Singapore Straits Times Index fell to 5.72 points (-0.21%). Code SP /ASX 200 is reduced by 44.50 points (-0.92%).
Today in Asia pair dollar /yen dropped to the level of 90.70. The euro /dollar grew to 1.4915, then dropped to 1.4825. Rate pound /dollar fell to 1.6270 marks.
start of the European session, failed to make the adjustment in the dynamics of the currency market. Forex market closely followed the dynamics of the stock market, and for overlooking the macroeconomic statistics.
Today, investor attention will be directed to the dynamics of stock and commodity markets and published macro-economic statistics. Investors are awaiting publication of financial statements of U.S. companies for the third quarter.
Today:
11:00 AM ET: 4-Week Bill Announcement;
1:00 PM ET: Housing Market Index;
1:00 PM ET: 3-Month Bill Auction;
1:00 PM ET: 6-Month Bill Auction.
My tactical views:
EUR /USD (5 /10 - trend upwards): Today analysts' forecasts - up for auction in Rendžov: 1.4820-1.4950. Today, expect short-term market correction up. Therefore we can trade on short-term impulse buying below the 1.4820, T /R = 1.4950, S /L = 1.4790. Positional traders are once again beginning to build up shorts with daytime highs. Actively move the foot, fixing the profit.
GBP /USD (5 /10 - Trend Up):
For short-term players is better to be out of the market. Actively move the foot, fixing the profit.
USD /CHF (5 /10 - a trend sideways):
Today better be in buying.
actively move the foot behind the market, protecting profits.
USD /JPY (5 /10 trend sideways):
now trading inside the corridor 90.30-91.50: better to be a small purchase with a full-time lows.
actively move the foot behind the market, protecting profits.
Last Friday, the euro / dollar at the U.S. session has stabilized around the level of 1.4900
Last Friday, the euro /dollar at the U.S. session has stabilized around 1.4900 level. Rate pound /dollar rose to 1.6400 marks, which is 150 points higher than the daily minimum. Pair dollar /yen rose to 91.23. Cross the euro /yen grew to the level of 136.00.
The experts noted that the pressure on the euro during the day helped to lower quotations on the stock markets. Process of closing of short positions on the dollar also contributed to the approach of the weekend. However, dealers noted that the tendency of weakening of the dollar may continue. Characteristic feature of this development is the rapid increase in oil prices. Also, the pressure on the U.S. dollar has a low level of policy interest rates in the U.S. and the lack of prospects for improving soon.
Last Friday, the Dow Jones New York Stock Exchange fell 45.42 points (-0.45%). The Nasdaq fell 10.37 points (-0.48%). SP 500 index dropped to 6.21 points (-0.57%).
Last Friday, the index of the Frankfurt Stock Exchange Xetra DAX fell 87.38 points (-1.50%). Index of the London Stock Exchange FTSE 100 fell 32.71 points (-0.63%).
course gold has adjusted to the mark 1043.10 dollars per troy ounce, it's almost ten dollars less than the daily maximum.
The price of WTI crude oil in New York reached a level of 78.50 dollars per barrel, which is the highest since October last year.
Industrial production in the U.S. for September 2009 amounted to 0.7% (forecast was 0.2%, the previous value of 1.2%).
Capacity utilization in the U.S. for September 2009 amounted to 70.5 (forecast was 69.8, revised from the previous value of 69.6 to 69.9).
volume purchases of U.S. assets by foreign investors (TICS) in August 2009 amounted to 10.2 billion dollars (revised from the previous value of -97.5 to -107.7).
preliminary Michigan sentiment index value in the U.S. for October 2009 was 69.4 (forecast was 73.7, the previous value of 73.5).
Today in Asia remained the main driver of the market the Japanese yen, which is significantly correlated with the dynamics of the stock market. This index Nikkei 225 falls to 33.21 points (-0.32%). Index of the Hong Kong Stock Exchange, Hang Seng rising to 85.70 points (0.39%). Singapore Straits Times Index fell to 5.72 points (-0.21%). Code SP /ASX 200 is reduced by 44.50 points (-0.92%).
Today in Asia pair dollar /yen dropped to the level of 90.70. The euro /dollar grew to 1.4915, then dropped to 1.4825. Rate pound /dollar fell to 1.6270 marks.
start of the European session, failed to make the adjustment in the dynamics of the currency market. Forex market closely followed the dynamics of the stock market, and for overlooking the macroeconomic statistics.
Today, investor attention will be directed to the dynamics of stock and commodity markets and published macro-economic statistics. Investors are awaiting publication of financial statements of U.S. companies for the third quarter.
Today:
11:00 AM ET: 4-Week Bill Announcement;
1:00 PM ET: Housing Market Index;
1:00 PM ET: 3-Month Bill Auction;
1:00 PM ET: 6-Month Bill Auction.
My tactical views:
EUR /USD (5 /10 - trend upwards): Today analysts' forecasts - up for auction in Rendžov: 1.4820-1.4950. Today, expect short-term market correction up. Therefore we can trade on short-term impulse buying below the 1.4820, T /R = 1.4950, S /L = 1.4790. Positional traders are once again beginning to build up shorts with daytime highs. Actively move the foot, fixing the profit.
GBP /USD (5 /10 - Trend Up):
For short-term players is better to be out of the market. Actively move the foot, fixing the profit.
USD /CHF (5 /10 - a trend sideways):
Today better be in buying.
actively move the foot behind the market, protecting profits.
USD /JPY (5 /10 trend sideways):
now trading inside the corridor 90.30-91.50: better to be a small purchase with a full-time lows.
actively move the foot behind the market, protecting profits.
The growth of quotations on oil for the next annual maximum support quotes Russian securities
Following Friday the value of the MICEX Index reached 1317.07 points, which is 1.83% below the previous day's close
Today is not ruled out an attempt to rebound in the shares of banking and oil and gas sector
External background moderately negative for the market of Russia, America closed lower, Asia traded mostly down
Raised oil prices could provide support not only the papers of oil and gas companies, but also the market as a whole
On Friday, the U.S. stock market dominated by pessimism among the bidders
At the end of the trading session U.S. stock indices closed in the red /Dow Jones -0.66%, S P500 -0.81%, NASDAQ -0.76% /
Publication of quarterly reports will be a test for the rally in U.S.
Kommersant: Hryvnia used its lack