At the auction on Thursday 30 July, the U.S. dollar traded differently. This pair of EUR /USD showed a minimum of 1.4012 and then continued consolidation at the level of 1.4060, a pair GBP /USD jumped to a mark 1.6527, a couple of USD /CHF rose to 1.0932.
Japanese yen remained under pressure against other currencies. This quotes a pair USD /JPY rose to 95.87, a pair of EUR /JPY has a maximum at around 134.88.
Commodity currencies also moved differently against the U.S. dollar. Thus, the pair AUD /USD has reached 0.8286 marks, a pair NZD /USD has at least 0.6469, and the pair USD /CAD down 1.0803 to the mark.
Causes
On Thursday 30 July to bid the dollar was under pressure to return from the market appetite for risk after data on the number of initial applications for unemployment benefits last week, which amounted to 584 thousand (estimated 580 thousand). Sterling rose against the dollar against the backdrop of the growth of stock markets in Europe, as well as published reports, which witnessed the rise in prices in Britain. New Zealand Dollar fell against the dollar to the lowest value over the past two weeks, following a statement by the Reserve Bank about the possibility of reducing the cost of borrowing, as well as strengthening the national currency threatens economic recovery.
What to expect?
positive trend for the dollar is replaced by the negative trend. Economic makrostatistika for the euro area has brought new evidence of weakening of a recession. On the stock pads again has increased the shares of companies. The key point was the situation in the stock market of China, which previously fell by 5%. On Thursday, the People's Bank of China eased fears about its program of economic incentives, stock market of China has been able to recover, thus ending the temporary dollar rally. The focus on Friday will be riveted to the exit of U.S. GDP.
What is fear?
However, the situation on the U.S. currency may change the data output of which will differ significantly from the expectations of market participants, as well as technical components, which are given neutral tones.
Review of the FOREX market for 30.07.09
Dynamics
At the auction on Thursday 30 July, the U.S. dollar traded differently. This pair of EUR /USD showed a minimum of 1.4012 and then continued consolidation at the level of 1.4060, a pair GBP /USD jumped to a mark 1.6527, a couple of USD /CHF rose to 1.0932.
Japanese yen remained under pressure against other currencies. This quotes a pair USD /JPY rose to 95.87, a pair of EUR /JPY has a maximum at around 134.88.
Commodity currencies also moved differently against the U.S. dollar. Thus, the pair AUD /USD has reached 0.8286 marks, a pair NZD /USD has at least 0.6469, and the pair USD /CAD down 1.0803 to the mark.
Causes
On Thursday 30 July to bid the dollar was under pressure to return from the market appetite for risk after data on the number of initial applications for unemployment benefits last week, which amounted to 584 thousand (estimated 580 thousand). Sterling rose against the dollar against the backdrop of the growth of stock markets in Europe, as well as published reports, which witnessed the rise in prices in Britain. New Zealand Dollar fell against the dollar to the lowest value over the past two weeks, following a statement by the Reserve Bank about the possibility of reducing the cost of borrowing, as well as strengthening the national currency threatens economic recovery.
What to expect?
positive trend for the dollar is replaced by the negative trend. Economic makrostatistika for the euro area has brought new evidence of weakening of a recession. On the stock pads again has increased the shares of companies. The key point was the situation in the stock market of China, which previously fell by 5%. On Thursday, the People's Bank of China eased fears about its program of economic incentives, stock market of China has been able to recover, thus ending the temporary dollar rally. The focus on Friday will be riveted to the exit of U.S. GDP.
What is fear?
However, the situation on the U.S. currency may change the data output of which will differ significantly from the expectations of market participants, as well as technical components, which are given neutral tones.
Today the Russian equity market driven growth remain neftyanka and banking sector
The first is to pay attention to the dynamics of oil prices - the entire Russian market now is just this
Today is the opening of the RTS index is expected to gepom up to 1,8-2%
As a result of yesterday trading at the market shares of the MICEX Stock Exchange amounted to 112.65 billion rubles
Net profit of INTER RAO UES on RSA for 1 half of 2009 decreased by 29.1% to 389.75 million rubles
The Board of Directors Uralsvyazinform appointed vice-director of the company and elect a new board
Oil prices rising after the major stock sites
With the end of a record in terms of placing pressure on liquidity treasuries waning
From 24 to 31 July in the primary market of Kiev real estate prices for one-room apartments remained at 14.4 thousand hryvnia per square. m