Forecast: ruble to dilute dollars

Foreign Exchange Market Finansy15-10-2007 forecast: the ruble to dilute Dollar ceased its rapid decline, and as rapidly lost ground returns. U.S. dollar exchange rate against the ruble has stabilized and in the absence of sharp movements in the euro-dollar pair. Developments in the international market, where out important data on the U.S. economy also helped to strengthen the "green". But mostly the recent statements by Bank of Russia Chairman Sergei Ignatiev. In particular, he reported that the central bank for the first ten days of October have bought on the market for about $ 8 billion. On the eve of U.S. Department of Commerce published the dynamics of retail sales in September. It turned out that analysts of investment houses around the world look to the mouth the average U.S. residents. Actual results of turnover growth coincided with the upper boundary of expert predictions. Published statistics indicate an increase in consumer activity in September, and the turmoil in credit markets, at least, not yet reflected in the behavior of the American citizen. At the same time made public the September change in the index, reflecting the dynamics of wholesale prices. On average, they jumped at the 1%, but the lion's responsibility for this increase in energy costs. But it is on these core components of the price indicators in the first place drew attention to the Fed's open markets, in deciding on the level of interest rates.