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Yesterday, a pair of Euro / dollar rose in the U.S. session and reached a point 1.4093

Jun 13th, 2009 | By admin | Category: News International Markets

Yesterday, a pair of Euro /dollar rose in the U.S. session and reached 1.4093 marks. Pound /dollar rose more than 360 points to 1.6360. The pair dollar /yen trading in America, with a drop of close support 97.30.

experts write that the pressure on the U.S. dollar has a decline in yield of government bonds United States. Plus, market participants revise their forecasts for the major increase in interest rates in the United States.

also support the euro exchange rate have had expectations that Latvia will be able to avoid the devaluation of lat.

The stabilization of political situation in the UK and recent figures from the real estate market provided support to the pound sterling on a wide range of world currencies.

Yesterday Dow Jones index of the New York Stock Exchange fell by 1.43 points (-0.02%). Nasdaq index rose 17.73 points (0.96%). SP 500 index rose 3.29 points (0.35%).

Yesterday index Frankfurt stock exchange Xetra DAX rose 2.80 points (0.06%). The index of London Stock Exchange FTSE 100 rose 9.30 points (0.21%). The index of the Paris stock exchange CAC 40 rose by 9.07 points (0.28%).

Yesterday, the price of WTI crude oil in New York rose 1.92 dollars to 70.01 dollars per barrel. During the bidding price is raised up to 70.18 dollars per barrel, the highest in the current year. This puts pressure on the dollar.

Yesterday 10 banks in the United States to declare its willingness to repay the Government loans issued under the anti-crisis package TARP.

Wholesale inventories in the United States in April 2009 was -1.4% (forecast -1.0%, previous -1.6%).

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 rising to 204.55 points (2.09%). Index of the Hong Kong Stock Exchange Hang Seng moved up 384.36 points (2.13%). Singapore Straits Times Index rose 23.35 points (0.99%). .

Today in Asia pair dollar /yen after a local test bed at around 97.05 grown up and traded close to a mark 97.50. Rate euro /dollar is stable near the 1.4100 level. Pound /dollar traded near the 1.6350 mark.

Experts in Asia noted that the pressure on the U.S. dollar have rising expectations of world economic recovery, which leads to a decrease in demand for U.S. dollar as a currency of refuge, rising prices in commodity markets, the restoration of U.S. economy and domestic demand is likely to would not be so rapid, continuous talk about the SDR (special drawing rights) as a new synthetic reserve currency also undermined the credibility of the U.S. dollar.

Start the European session, has made adjustments to the dynamics of the foreign exchange market. Forex market follows closely the dynamics of stock market and the emerging macroeconomic statistics.

Today, investors will be focused on the dynamics of the stock and commodity markets.

EUR /USD: (5 /10 - the trend sideways) : analysts' forecasts for today - to bid in the range: 1.4040-1.4200. Today, expect short-term correction of the market up. Therefore it is possible to short sell on impulse buying from the bottom of 1.4040, T /R = 1.4200, S /L = 1.3990. 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 up) :

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 97.00-98.50: better to be in a small purchase with a daily minimum.

actively move the foot, followed by the market, while protecting profits.

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