Saturday, October 29, 2011

Expert: U.S. now is the personification of money

Foreign Exchange Market Finansy05-11-2008 Judge: Dollar is now the personification of money followed by a sharp strengthening of the dollar late last week, this was followed by no less than his sharp weakening against the backdrop of "revival" of the world's stock exchanges. Experts believe that the temporary difficulties in the economy has not yet peaked, so expect in the near future occurrence of calm in the foreign exchange market is not worth it. Despite the fact that the opening weekend yet passed under the sign of the dollar strengthening, beginning on Thursday at the market could see a serious increase in the main rival of the American currency - the euro. "The first impetus to strengthening of the euro has been the growth of Japanese index Nikkei, which during the Asian session, rose by 6,4%. Following the strengthening of the Asian "funds" into their own hands seized the U.S. stock market "- said in an interview Bigness.ru chief dealer GK" Forex Club "Alexey Trifonov, adding that the pressure on the dollar have the same expectations of lowering the main interest rate U.S. Federal Reserve to 1% on Wednesday that it actually happened.

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