Foreign Exchange Market Finansy17-12-2007 Trader forecast for the week: The key day will be Thursday Last week was a slight strengthening of the dollar against other world currencies. Major course corrections are related to news about the development of global credit crisis. And the small rise in the dollar late last week talking about a little hope to unravel the tangle of problems. "This week went good data on the U.S. economic statistics, which provided substantial support to the dollar, causing the dollar bounced back against the euro and the ruble," - said Bigness. ru Veronica Chekina, analyst with Prospect. According to her, next week will continue this trend. "Very strong strengthening of the dollar should not wait" - said Chekina. The most important events in the next week it relates output to the U.S. on Monday, data on trade balance and the housing market. In addition, Chekina and analysts HA "Forex Club" paying attention on Thursday - during the day abroad would become a great block of important macroeconomic data. Thus, the market expects the data output of U.S. consumer price inflation and manufacturing. They are, according to analysts "club Forex", can be positive and not give the financial authorities of the United States unnecessary arguments for further easing of monetary policy.
No comments:
Post a Comment