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Last Friday, the euro / dollar at the U.S. session, rose to 1.4642

Oct 5th, 2009 | By admin | Category: News International Markets

Last Friday, the euro /dollar at the U.S. session, fell to the level of 1.4479, but later rose to 1.4642. Rate pound /dollar dropped to 1.5800, but later rose to 1.5950. Pair dollar /yen fell to 88.60, then had grown to 89.90. Cross the euro /yen sank to the level of 129.02, the lowest in the last six weeks. However, he subsequently rose 200 points to level 131.20.

The experts noted that a more significant reduction than expected number of jobs in the United States, contributed to the continued closure of risky positions in the market forex. However, subsequently reported that in the statement of Group of Seven, meeting of representatives which began on Friday in Istanbul, not statements in favor of the adjustment of exchange rates on the market of forex, risky instruments once again received support.

Last Friday, the Dow Jones New York StockExchange fell 9.75 points (-0.10%). The Nasdaq fell 4.35 points (-0.21%). SP 500 index dropped to 3.71 points (-0.36%).

Last Friday, the index of the Frankfurt Stock Exchange Xetra DAX fell 86.65 points (-1.56%). Index of the London Stock Exchange FTSE 100 fell 59.11 points (-1.17%).

Nonfarm payrolls in the U.S. for September 2009 totaled-263K (forecast was-195K, the previous value revised by-216K to-201K).

Unemployment rate in the U.S. for September 2009 was 9.8% (forecast was 9.8%, the previous value of 9.7%).

Factory orders for August 2009 in the United States amounted to -0.8% per month (the forecast was 0.1% per month, the previous value revised from 1.3% to 1.4% per month).

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 51.86 points (-0.53%). Index of the Hong Kong Stock Exchange, Hang Seng is reduced by 35.41 points (-0.17%). Singapore Straits Times index weakened to 25.94 points (-1.00%). Code SP /ASX 200 weaker at 15.00 points (-0.33%).

Today in Asia pair dollar /yen was opened with a gap down and fell to the level of 89.35. but then the market grew to 89.90. The euro /dollar, after falling to a mark 1.4580 increases to 1.4640. Rate pound /dollar continued its rise to a mark 1.6000.

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.

EUR /USD: (5 /10 - a trend sideways) : Today analysts' forecasts - up for auction in Rendžov: 1.4550-1.4670. Today, expect short-term market correction up. Therefore we can trade on short-term impulse buying below the 1.4550, T /R = 1.4670, S /L = 1.4480. 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 Neutral) :

For short-term players better be on sale. 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 89.20-90.50: better to be a small purchase with a full-time lows.

actively move the foot behind the market, protecting profits.

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