At the auction on Thursday, 24 September, the U.S. currency showed fairly strong growth against its main rival - the euro
Sep 25th, 2009 | By admin | Category: News International MarketsAt the auction on Thursday, 24 September, the U.S. currency showed fairly strong growth against its main rival - the euro. Note that Thursday continued its trend of environment, when the couple, noting the next maximum at 1.4842, aggressively unfolded down. The reason for the active strengthening of the dollar analysts call a mixed macroeconomic statistics. So, earlier on Wednesday came out data on an index of business activity in Europe for September, which indeed showed growth from the previous month, yet was somewhat worse than forecasts. But the volume of industrial orders in Europe for July were better than forecasts, but, nevertheless, retained the negative dynamics: 2.6% m /m from 3.1% in June.
Thursday marked another decline in sales in the secondary housing market, the U.S., while the number of initial applications for unemployment benefits dropped to 530 thousand against the projection, the projected growth rate of up to 550 thousand in Europe at this day came on the data index of sentiment among the business community, assess the current economic situation and economic expectations. Note that the IFO figures showed an increase (slightly worse forecasts), however, the European currency among these data support and not found.
Today, the focus is on the evening of the U.S. statistics on an index of consumer confidence and sales in the primary housing market. While the Forex market can see a small correction in favor of high yield euro, however, in the late afternoon once again expect a wave of selling of European currencies, the first goal which can become a mark 1.4600-1.4550.
Throughout the day will be held Summit G20 - markets are still waiting on the world leaders taking a significant decision
Today in the U.S. is expected to: orders for durable goods, the statement of Barack Obama, the sale of new housing
Dollar depreciated - day review of the cash markets
Sold: default Naftogaz Ukraine will not
From 18 to 25 September the rental rate on one-room apartments of Kiev have raised on 0,2%
U.S. banks are threatening loss of $ 53 billion syndicated loan
Investors cancel unions
Trading volume on the market of government securities amounted to 21.86 billion rubles
Against the background of the G20 summit the most vulnerable look some of the tools in commodity markets - especially the energy
