If the morning on the interbank forex market (forex) was relatively quiet, even boring, to the middle of the day it became clear that this is just an illusion.
In the rays of glory today the British Pound Sterling: GBP rally started with the start of the European session, the currency has consistently overcome the key marks and eventually reached 1.6455. Additional support for “Britishness” had data on the UK (CPI 0,6% m /m, 2,9% y /y).
Economists, however, believe that the rise of the pound was unfounded, since a positive statistic data to rejoice too early - the economy Albion have not yet emerged from recession.
But the single European currency on Tuesday unlucky so unlucky: and so a weak euro was an incentive to continue the downward movement after the publication of data on the ZEW E-16, which unexpectedly turned out to be weaker than expected. So, EUR rolled with the level of 1.4360 to 1.4330, reaching eventually to 1.4321.
Vista bidding on a pair of EUR /USD has seen a negative, because many factors at play today against the Euro-currency. In that case, if the euro continues downward movement and strikes a mark 1.4300, where the level of support, paving the way towards 1.4280 and then 1.4260.
In the second half of the day scheduled for publication of data on the U.S. - an indicator of new building projects and production activity in the Philadelphia Federal Reserve, which projected weak.
Estimated corridor trades EUR /USD pair to the end of the day - 1.4300-1.4400.
Adjust, Russia”s stock index is likely to resume growth
NOVATEK in 2009, increased gross gas production by 6% to 32.8 billion cubic meters
New investment opportunities from the company iShares
Kraft Foods agreed to a merger with Cadbury over 19.4 billion dollars
Bank of Russia this year lowered the discount rate to 7%
Growth of production in agriculture in Ukraine in 2009 amounted to 0,1%
Forex - in the European session
Despite the correction of the local oil market quotation supports the positive dynamics od23f the overseas indices
As a result of trading the MICEX currency market the U.S. dold25lar in the UTS with the calculations of “tomorrow” was 29.6343 rubles. per dollar