In the Forex market the U.S. dollar continued to retreat against the background of strong growth disturbances. Bidders are seriously concerned over the situation that has developed around the U.S. currency. More and more statements appears that the dollar is rapidly losing the status of the major reserve currency, but the press has already leaked rumors of some secret negotiations to replace the dollar basket of currencies in transactions with the oil. Nevertheless, the dollar is still fairly confident. Despite the fall of his quotes against major competitors and, in particular against the euro, which continues to test the 1.48 dollar mark, the U.S. currency continues to serve as the main reserve currency and is used in most international transactions, and the volume of its use does not fall even in times of serious crisis shocks. However, the situation continues to deteriorate. The very appearance of various rumors, with regards to the continuing use of the dollar as a reserve currency, reflecting the negative mood of investors community to the U.S. dollar. Experts note that if in the near future the situation will not change, change the general trend in the market, we probably will not see.
Today's trades occur mixed. Morning rise of the euro, currently almost played, but despite the relatively high activity, the euro /dollar continues to bargain in friends within, trying to gain a foothold above 1.48 marks, retreated sharply from time to 1.475. To date, scheduled a few interesting publications, because it is likely that the current diverse dynamics will continue. Perhaps the most interesting players can draw the publication of data on the U.S. budget deficit for September. It should be noted that economists predict a significant reduction in the deficit, which may stop actively selling the dollar, provoking yet another short-term correction.
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Analytics - the outcome of the day
Forex - in the European session
Significantly better than the market today look Gazprom shares, which traded in positive territory on falling market
Decreased in the price stock quotes stabilized near the levels achieved