Thus, reducing the euro ended yesterday at around 1.4525. The Dow Jones closed down fall of 0.48%. But at night the euro began to grow, while Asian markets closed in plus. Now futures on the Dow shows a growth of 0.41%. Prices for WTI crude oil has risen to 67.93 dollars per barrel. Euro also struck up a top-down channel, and showed a maximum at around 1.4673. As we thought worked double divergence of the MACD. We believe that yesterday's decline correction finalized and the euro will soon update the highs, and continue to rise unabated. It seems that the past correction is comparable to that observed at the euro-dollar at the beginning of October 2007. Then the euro after the correction was still about the same as done previously. We now expect the euro to a mark of 1.53 in the next month. Perhaps the growth efforts today after the publication of data on employment in the United States from ADP. In general comment on the local market situation in relation to some emerging news in the current situation, it seems pointless, just as in fact there were any unnecessary comments in 2007 from August to November, except for a finding of an uptrend.

We continue to believe that the devaluation of the dollar to the U.S. economy to support the industry. If the Bank of England Mervyn King has openly stated that Britain is advantageous weak pound for rebalancing the economy, given the extreme similarity of the problems with budget deficits and trade balances in the U.S. and the UK, it is easy to conclude that the weak dollar is advantageous for the U.S. economy. This determines the trajectory of the euro-dollar in recent months, just as the need for economy in the U.S. in borrowing during the crisis, the rise in the dollar in the second half of last year. Specific same trajectory of growth within the euro the day, we believe in such a situation is practically impossible to determine. You can only give some news that fit into the global picture, in confirmation of our scenario. Thus, the former head of the U.S. Federal Reserve Paul Volcker said yesterday that the rise of China and other developing economies has identified reduction of comparative economic and intellectual leadership of the United States. I do not know how this can be adapted, - he said in an interview. - You can not be conditional on these countries if your debt in three to four trillion dollars and still think that they are passive observers of what you did. Volcker said that the unemployment rate at 9.7% will slow the pace of recovery from the recession because they have great difficulties with the mortgage and consumer lending. Moreover, commercial real estate loans are likely to lead to further losses of banks. This recovery will be slow - he said. - We can not just up and pump up consumption and the housing market again. These comments just show that the U.S. is gradually losing the role of world leader in key areas that will certainly impact negatively on the dollar. Recently, U.S. President Barack Obama said that the U.S. can no longer perform the role of world policeman in the world. This is a logical proof that the U.S. budget simply can no longer withstand the pressure of the former due to acute fiscal crisis.

U.S. statistic data were mixed, but the market reacted to them quite optimistic
Shares of ITT and Sibirtelecom today worked his short-term growth potential
Prices EUR /USD pair are trying to be fixed above the resistance level 1.4630
Resistance of the first level of EUR /USD pair is at 1.4645
Rate for the dollar fell - the evening review of cash markets
Bank of America has improved the earnings outlook of companies from the list of SP 500
IMF: Additional measures are needed to restore bank balance sheets
OECD: Bank of Japan should maintain the current interest rate to overcome deflation
Forex - in the European session