Yesterday, a pair of Euro /dollar continued to increase in the U.S. session and reached 1.4070. The growth rate for the day amounted to more than 200 points.
The pair dollar /yen has grown on American support for the session, and reached 93.60. Rate euro /yen fell to 130.80 marks. Cable rally to 1.6370 resistance.
Sharp fluctuations in the euro /franc was linked to statements by members of the Governing Board of the Swiss National Bank that the bank wants to prevent the further strengthening of the Swiss franc.
Yesterday, the International Monetary Fund said that the global economy begins to withdraw from the most significant recession since the Second World War.
Support pound had yesterday about the sudden decision of the Bank of England to leave without changing the volume of purchases of government bonds, which is part of the quantitative easing monetary policy. It was expected that the volume of these purchases will be increased.
experts said yesterday that the Forex market There is an increasing desire of investors to risk. This contributed to published statistics which show a decrease in the number of applications for unemployment benefits in the United States, as well as the stabilization of oil prices, after falling for six consecutive days.
Yesterday's data in the United States inspire some optimism about the development of the labor market. Considerable support of the euro against the dollar yesterday had the appreciation of the British pound.
Yesterday Dow Jones index of the New York Stock Exchange rose 6.80 points (0.08%). Nasdaq index rose 8.38 points (0.48%). SP 500 index rose 3.91 points (0.44%).
Jobless claims in the United States during the week to 04.07 at 565K (the forecast was 600K, the previous value revised to 617K from 614K).
Wholesale inventories in the United States in May 2009 was -0.8% (forecast -1.0%, previous -1.4%).
Today in Asia remained the main driver market Japanese yen, which is significantly correlated with the dynamics of the stock market. The index of the Tokyo Stock Exchange Nikkei-225 fell 3.78 points (-0.04%). Index of the Hong Kong Hang Seng Stock Exchange rose 20.01 points (0.11%).
The pair dollar /yen traded on the Tokyo session, in the 92.60-93.18. Rate euro /yen down from 130.60 to 129.35 marks. Pound /yen fell from 152.13 to 150.80. Exchange Euro /dollar fell to 1.3950 marks. Pound /dollar adjusted for 70 points to 1.6270.
Experts in Asia, writes that the conduct of cross-rates associated with the Japanese yen, largely correlates with the behavior of oil prices.
The price of WTI crude oil in New York after yesterday's 61.50 point rise to re-establish the vicinity of 60.00 dollars per barrel.
CGPI in Japan for June was -0.3% for the month, -6.6% for the year (forecast was -0.1% for the month, -6.4% for the year, the previous value of -0.5% for the month, -5.5% per year) .
Start the European session, has made adjustments to the dynamics of the foreign exchange market. Forex market is closely monitoring the dynamics of stock market and the emerging macroeconomic statistics.
Today, investors will be focused on the dynamics of the stock and commodity markets and goes macroeconomic statistics.
Wholesale prices) in Germany for the month of June amounted to 0.9% for the month, -8.8% for the year (the previous value of 0.1% for the month, -8.9% for the year).
Industrial production in France in May was 2.6% per month (forecast was -0.2% per month, the previous value of -1.5% per month).
Industrial production) in Italy in May was 0.0% for the month, -19.8% for the year (forecast was -1.1% for the month, -25.0% for the year, the previous value of 1.1% per month, -24.2% per year) .
PPI Output in the UK for June was -0.2% for the month, -1.2% for the year (the forecast was 0.4% for the month, -0.7% for the year, the previous value of 0.4% for the month, -0.3% for the year).
PPI Output excluding food, drink, tobacco and petroleum in the UK for June was -0.8% per month, 0.1% for the year (the previous value of 0.2% per month, 1.2% for the year).
PPI Input in the UK for June was 1.5% for the month, -11.0% for the year (the forecast was 0.8% for the month, -12.2% for the year, the previous value of 0.4% for the month, -9.4% for the year).
The attention of investors this week will be sent to the meeting of Group of Eight, which will take place from Wednesday to Friday in Italy. The impact on exchange rates can have a policy statement on the dollar as reserve currency.
My tactical views:
EUR /USD (5 /10 - the trend sideways): on analysts' forecasts now - to bid in the range: 1.3880-1.4100. Today, expect short-term correction of the market up. Therefore it is possible to short sell on impulse buying from the bottom of 1.3880, T /R = 1.4100, S /L = 1.3840. Positional traders are once again beginning to build up shorts with daytime highs. Actively move the foot, recording a profit.
GBP /USD (5 /10 - the trend sideways):
For short-term players better be on sale. Actively move the foot, recording a profit.
USD /CHF (5 /10 - the trend sideways):
Today better be in buying.
actively move the foot, followed by the market, while protecting profits.
USD /JPY (5 /10 trend sideways):
now trading inside the corridor 92.00-94.00: better to be in a small purchase with a daily minimum.
actively move the foot, followed by the market, while protecting profits.
Kievenergo explains the limitation of the hot water 3 districts of Kiev routine test heat
Recommendations on shares of Gazprom, Lukoil, Rosneft, Sberbank, VTB and MMC Norilsk Nickel
A possible driver for the Russian market is closer to the end of bidding will measure consumer sentiment index
In the segment of blue chip in any of the shares do not have the prerequisites of development growing trend
The Russian stock market continues downward movement
Since July 13, 2009 Bank of Russia reduces the refinancing rate at 0.5 percentage points - up to 11% per annum
Overview of the oil market for 09.07.09
U.S. futures indices levels the positive effect of closing the stock market
Export duty on crude oil in Russia from August 1, could grow to U.S. $ 220-224 /t
Yesterday, a pair of Euro / dollar continued to increase in the U.S. session and reached 1.4070
Yesterday, a pair of Euro /dollar continued to increase in the U.S. session and reached 1.4070. The growth rate for the day amounted to more than 200 points.
The pair dollar /yen has grown on American support for the session, and reached 93.60. Rate euro /yen fell to 130.80 marks. Cable rally to 1.6370 resistance.
Sharp fluctuations in the euro /franc was linked to statements by members of the Governing Board of the Swiss National Bank that the bank wants to prevent the further strengthening of the Swiss franc.
Yesterday, the International Monetary Fund said that the global economy begins to withdraw from the most significant recession since the Second World War.
Support pound had yesterday about the sudden decision of the Bank of England to leave without changing the volume of purchases of government bonds, which is part of the quantitative easing monetary policy. It was expected that the volume of these purchases will be increased.
experts said yesterday that the Forex market There is an increasing desire of investors to risk. This contributed to published statistics which show a decrease in the number of applications for unemployment benefits in the United States, as well as the stabilization of oil prices, after falling for six consecutive days.
Yesterday's data in the United States inspire some optimism about the development of the labor market. Considerable support of the euro against the dollar yesterday had the appreciation of the British pound.
Yesterday Dow Jones index of the New York Stock Exchange rose 6.80 points (0.08%). Nasdaq index rose 8.38 points (0.48%). SP 500 index rose 3.91 points (0.44%).
Jobless claims in the United States during the week to 04.07 at 565K (the forecast was 600K, the previous value revised to 617K from 614K).
Wholesale inventories in the United States in May 2009 was -0.8% (forecast -1.0%, previous -1.4%).
Today in Asia remained the main driver market Japanese yen, which is significantly correlated with the dynamics of the stock market. The index of the Tokyo Stock Exchange Nikkei-225 fell 3.78 points (-0.04%). Index of the Hong Kong Hang Seng Stock Exchange rose 20.01 points (0.11%).
The pair dollar /yen traded on the Tokyo session, in the 92.60-93.18. Rate euro /yen down from 130.60 to 129.35 marks. Pound /yen fell from 152.13 to 150.80. Exchange Euro /dollar fell to 1.3950 marks. Pound /dollar adjusted for 70 points to 1.6270.
Experts in Asia, writes that the conduct of cross-rates associated with the Japanese yen, largely correlates with the behavior of oil prices.
The price of WTI crude oil in New York after yesterday's 61.50 point rise to re-establish the vicinity of 60.00 dollars per barrel.
CGPI in Japan for June was -0.3% for the month, -6.6% for the year (forecast was -0.1% for the month, -6.4% for the year, the previous value of -0.5% for the month, -5.5% per year) .
Start the European session, has made adjustments to the dynamics of the foreign exchange market. Forex market is closely monitoring the dynamics of stock market and the emerging macroeconomic statistics.
Today, investors will be focused on the dynamics of the stock and commodity markets and goes macroeconomic statistics.
Wholesale prices) in Germany for the month of June amounted to 0.9% for the month, -8.8% for the year (the previous value of 0.1% for the month, -8.9% for the year).
Industrial production in France in May was 2.6% per month (forecast was -0.2% per month, the previous value of -1.5% per month).
Industrial production) in Italy in May was 0.0% for the month, -19.8% for the year (forecast was -1.1% for the month, -25.0% for the year, the previous value of 1.1% per month, -24.2% per year) .
PPI Output in the UK for June was -0.2% for the month, -1.2% for the year (the forecast was 0.4% for the month, -0.7% for the year, the previous value of 0.4% for the month, -0.3% for the year).
PPI Output excluding food, drink, tobacco and petroleum in the UK for June was -0.8% per month, 0.1% for the year (the previous value of 0.2% per month, 1.2% for the year).
PPI Input in the UK for June was 1.5% for the month, -11.0% for the year (the forecast was 0.8% for the month, -12.2% for the year, the previous value of 0.4% for the month, -9.4% for the year).
The attention of investors this week will be sent to the meeting of Group of Eight, which will take place from Wednesday to Friday in Italy. The impact on exchange rates can have a policy statement on the dollar as reserve currency.
My tactical views:
EUR /USD (5 /10 - the trend sideways): on analysts' forecasts now - to bid in the range: 1.3880-1.4100. Today, expect short-term correction of the market up. Therefore it is possible to short sell on impulse buying from the bottom of 1.3880, T /R = 1.4100, S /L = 1.3840. Positional traders are once again beginning to build up shorts with daytime highs. Actively move the foot, recording a profit.
GBP /USD (5 /10 - the trend sideways):
For short-term players better be on sale. Actively move the foot, recording a profit.
USD /CHF (5 /10 - the trend sideways):
Today better be in buying.
actively move the foot, followed by the market, while protecting profits.
USD /JPY (5 /10 trend sideways):
now trading inside the corridor 92.00-94.00: better to be in a small purchase with a daily minimum.
actively move the foot, followed by the market, while protecting profits.
Kievenergo explains the limitation of the hot water 3 districts of Kiev routine test heat
Recommendations on shares of Gazprom, Lukoil, Rosneft, Sberbank, VTB and MMC Norilsk Nickel
A possible driver for the Russian market is closer to the end of bidding will measure consumer sentiment index
In the segment of blue chip in any of the shares do not have the prerequisites of development growing trend
The Russian stock market continues downward movement
Since July 13, 2009 Bank of Russia reduces the refinancing rate at 0.5 percentage points - up to 11% per annum
Overview of the oil market for 09.07.09
U.S. futures indices levels the positive effect of closing the stock market
Export duty on crude oil in Russia from August 1, could grow to U.S. $ 220-224 /t