Trends in Forex during the day once again will be determined by the situation in the capital stages
The lack at the moment of medium basic ideas in the international currency market led to a sharp speculative fluctuations between the major currency pairs. There was an exception, and yesterday. For example, during the European session, the reduction of stock indices of the U.S. currency strengthened to the main competitors. But with the opening of tenders in the United States has changed the dynamics on the Forex. Published data on inflation in the States recorded the largest over the past 59 years, reducing the consumer price index. For example, in May, annual inflation stood at -1.3%. Together with the recently released Producer Price Index, demonstrated an annual decline of 5%, macroeconomic indicators shaken the position of the dollar. After all, deflationary risks significantly reduces the likelihood of the Fed increasing the target rate by the end of the year. Increased the salesof American currency and the Agency's Standards Poor s lower credit ratings and forecasts of a range of financial institutions (including granny nkam Wells Fargo, USBancorp, etc.), in connection with the revision of the systemic and operational risks for the banking sector United States. Barack Obama yesterday presented a plan to reform the country's financial system has strengthened the demand for risky currency. As a result, by mid-session, the main overseas market once again overcame a pair of resistance of 1.39 dollars per euro.
Trends in Forex during the day once again will be determined by the situation on stock markets. In doing so, investors can look for new directions of motion in the financial statements of the authorities of a number of key states. An important macroeconomic statistics, on Thursday rather small. Prior to opening the U.S. (16:30 Moscow time.) Transcend traditional data by the number of initial applications for unemployment benefits. A little later (18:00 Moscow time.) Will be published index of business activity, Federal Reserve Bank of Philadelphia.
Trades on the single European currency today, according to our forecasts, will be in the range of 1,380-1,398 dollars per euro.
Net profit of Gazprom oil for the 1 st quarter of 2009 on the US GAAP decreased by 76% to $ 335 million
In May, The first cargo company to a third of the volume of traffic has increased the export of timber in the framework of the Siberian Express
Net profit of Rostelecom for 2008 under IFRS rose to 12.182 billion rubles
Net loss OGK-6 for 2008 under IFRS amounted to 829.4 millionrubles
The volume of passenger traffic UTair in May 2009 increased by 6,6%
Bank of Russia has reduced the size of the authorized capital of bank Russian Capital to one ruble
Bank of Russia withdrew a license to conduct banking transactions from the bank Compatriots
The glass half empty or still is?
Review of the FOREX market for 17.06.09
