Euro now will be traded in the range 1,4330-1,4460 dollar
During the trading day Monday, the dollar weakened against several major competitors in the international currency market. In a weekend in the U.S. activity on the forex was quite low, and investors are predominantly aligned “is already open positions.
Once again this year is very confident in herself, the British currency, whose value is already in the course of today”s Asian session, exceeded $ 1.64. Support pound have news of the market “mergers and acquisitions. In particular, the players expect that the U.S. company Kraft Foods Inc. able to make a “decent” price offer to buy British confectioner Cadbury PLC. Even some hope in the segment MA investors associated with the British energy company International Power PLC, which shows interest in the French company GDF Suez SA.
In contrast to the pound euro still looks very vulnerable. The situation around Greece continues “unnerve” players. Statements about the prospects for the euro area authorities permit the Greek probldceems also do not seem convincing. As a result, the euro is quite restrained, despite the overall favorable conditions in financial markets.
trading day Tuesday, is rich in the corporate and macroeconomic statistics. In particular, today the U.S. accountable companies such as Citigroup and IBM. In Britain disclose data on consumer inflation for December (12:30 Moscow time.). In Germany, the ZEW research institute will present data on the economic sentiment (13:00 Moscow time.). Prior to the North American session, the Bank of Canada will announce a decision on interest rates (17:00 Moscow time.).
In general, we expect the euro today, will be traded in a range 1,4330-1,4460 dollar.
Russia market has every chance to test this week, the level of 1500 points on the MICEX
Trading volume on the stock market, MICEX Stock Exchange on Monday amounted to 101.88 billion rubles
Today is expected to continue to improve the game in the “second echelon”
International companies continue to publish quarterly reports, which in substantial form the investment sentiment
The reduction in global demand for shares of the financial sector can have a negative impact on Russian banks” securities
Now back to the work ofd86the American sites, as well as forthcoming new statistic data and financial statements that stir the markets
External background at the opening today”s trading in Russia remains neutral
External background moderately negative for Russia”s stock market, Asia is traded mostly down
Yesterday, the euro /dollar was trading near 1.4380 marks
