The expert: the euro, "tired" to fall

Finansy20-10-2008 Judge: Euro "tired" to fall last week, as promised analysts, was again marked by a sharp rise in the dollar. Despite all the efforts of the EU countries to support its currency, the euro has not been able to pull ahead and consolidate its recent position. Experts believe that this trend will continue next week. After the recent catastrophic movements, stock markets and currency market Forex, according to financial analyst FxPro Alexander Kuptsikevich, took place last week respite. "The dollar escaped a major fall against the euro and the euro above $ 1.38 is not gone. The situation with the lack of liquidity, which has become an occasion for sales last week, has somewhat stabilized, but dramatic improvement is not followed, "- he explained in an interview Bigness.ru. Some support for euro, as told in an interview Bigness.ru chief dealer GK "Forex Club" Alexey Trifonov, had a meeting of leaders of 15 countries in the eurozone area, passed on Sunday. His most important result was the decision on guarantees of interbank loans, as well as government approval to redeem the securities of financial companies affected by the crisis. Also, earlier in the week it became known that the Central Bank eurozone, Britain and Switzerland are going to provide unlimited dollar loans to banks.