In the near future, the Russian currency on the international FX is able to demonstrate an increase of quotations

by admin on July 31st, 2009

These quarterly reports of U.S. companies on Thursday once again, for the most part been relatively favorable, and the weekly rates of applications for unemployment benefits in the U.S. Labor Department showed a regular, already the fourth consecutive decline, to 6 197 000 to 6 225 000 the previous week.

Against this background, under the influence announced in the last days of the centralized support of financial and investment sector of the U.S. regulatory structure and excess funds in a money market segment of the risky asset re-experiencing significant inflows of liquidity.

This situation ultimately supported the exchange rate of EUR /USD, which at the opening of today's European session, quoted at 1.4130 against 1.4065 at the close of yesterday's trading day.

The trend towards increased investment in risk at the moment seems to be rather stable. Following the United States and the PRC policy of monetary expansion in the coming months, perhaps intensifying the leading European Central Bank. Accordingly, manifests itself at the moment, only an occasional divergence dynamics rate EUR /USD and the trend of prices of risk in this segment of the investment term is likely to be reinforced.

From the standpoint of short-term period, the growth activity sector investors carry trade may allow rates euro to the dollar to continue its increase, if today's publication of the U.S. GDP data will support the bullish mood of the investment segment. At the same time, in view of the above evaluations, changes in medium-term prospects of the euro to the dollar was still negative.

Russian ruble to the USD and bivalyutnoy basket today by 10:00 Moscow time increased to 31.71 and 36.96 rubles. against, respectively, 31.80 and 37.57 rubles. Thursday morning at the bid and thus played a part lost prior positions.

In the near future, under the influence of improvements in the Russian financial and world commodity segments, the Russian currency on the international FX whole seems to be able to demonstrate an increase of prices.

However, in the medium term course of its decline in the global foreign exchange market may continue. Expected in the coming quarters of strengthening the central financial support to domestic consumption and investment in the environment may have a relatively smooth process of improving external payments RF performance will contribute to the development of this trend.

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