Bank of England yesterday, despite dominating the market expectations, left, on the basis of the June session of the same amount of its purchase of assets at 125 billion pounds sterling.

It should be noted that the British Chamber of Commerce believes that the Central Bank of that country shall apply to the Government for an increase in the action under the policy of quantitative easing, as the restoration of the British economy after the recession is not yet guaranteed. According to the House leadership, BoE to increase the program to 150 billion pounds sterling, and ask the government permission to even greater expansion.

Handbook of British Central Bank will re-examine the possibility of changing the size of repurchase of assets at the August meeting. However, at this point, it appears that both the Fed and the Bank of England has already demonstrated that they are rather active in the field of monetary incentives in financial markets, effectively push to do the same financial regulatory structure in continental Europe.

Against the backdrop of the accelerating downturn in the credit and investment segment of the EU countries in this position, until recently, a fundamental guarantee of the stability of the world, including - European financial markets may have a significant impact on the willingness of leading the Central Bank of the European Union to intensify their actions to the quantitative easing of monetary policy .

Characteristic in this context to a statement issued yesterday by the PRC leadership on the need to reform the global monetary system, which also increased the increasing pressure on exchange rates euro, pound sterling and Swiss franc. China, which is another economic leader in the opposition credit crunch is likely to also be interested in enhancing the anti-crisis measures by the European leadership.
Against the backdrop of yesterday, increasing the rate to the level of CHF 1.5110 per euro and 1.3830 to the dollar on the market increased again discuss a possible resumption of its SNB interventions against the Swiss franc on the foreign exchange segment.

In such a situation, if in the coming weeks, enabling, for the moment, the American trend of macro-and microeconomic statistics, the improvement in the background in the financial markets, perhaps in contrast to the results of recent quarters, will not have significant support of the euro against the U.S. dollar.

In terms of short-term period, the rate of EUR /USD for reconstruction in the bull trend, obviously, needs to be re-gaining a foothold on the points above 1.4000.

The course is kept buying the dollar unchanged - the evening review of cash markets
Rekapitaliziruemye banks began to develop plans for repayment of obligations finuchrezhdeny to avoid the buzz among investors
Geets: Western creditors are interested in restructuring the debt of Ukrainian banks
Forex on the European session
The downward trend could continue in the Russian market in the next week
In the near future, the Russian stock market could reach 1000 points
MICEX index back to levels in April 2009
At the end of the trading the MICEX currency market the U.S. dollar at the ETC in the calculations tomorrow was 32,404 rubles. the dollar
New reasons for concern