Euro under pressure

Foreign Exchange Market Finansy06-03-2010 Euro under pressure Past work week in the Forex market has been volatile. The dollar then weakened against the euro on news from Greece, then grew again. The most important event of the week was the publication of unemployment data in the U.S., which resulted in the "American" crept close to the mark of $ 1,35. Next week, the negative dynamics of a single currency can be maintained. Pre-five days in the world currency market has stood out is extremely devoid of ideology. In the early days we have witnessed the strengthening of European currencies on expectations the budget plan for Greece, after which the markets began to be corrected. As the analyst FG "Kalita-Finance Alexei Viazovsky, in fact, it was a classic case where the players" buy on rumor (EUR), and sold "on the facts." If we take the total change in quotations on the basis of the whole week, it turns out that the euro has lost only slightly against the dollar (-0.3%). The most important event this week in the Forex market was the publication of unemployment data in the U.S. on Friday. According to U.S. Labor, the unemployment rate in February remained at the level of 9,7%, which was better than expected. As a result, the dollar slumped nov close to the mark of $ 1,35.