Monday, October 3, 2011

Currency forecast for the week: the dollar dependent on Thursday

Foreign Exchange Market Finansy04-02-2008 Trader forecast for the week: the dollar depends on the Thursday falling dollar by the end of last week was an unpleasant surprise - so unpleasant that many of the "exchangers" by Friday even disappeared euros. However, with the words of our experts, the panic is meaningless. Last week was particularly marked decrease in the basic rate of U.S. Federal Reserve. And exchange rates react to it "as intended" - the U.S. dramatically succumbed to major world currencies. In addition, a strong influence on exchange rates have had and the negative data on unemployment in the U.S., which came on Friday, said Bigness. ru analyst Otkritie Geldy Soyunov. However, not all that bad - the worst fears about American economy will not come true, optimistically said Bigness. ru leading analyst of "Finam" Alexander Osin. "The Fed does quite an adequate effort" - he said in an interview Bigness. ru. According to him, the conversation has been going on that other central banks soften its monetary policy. Therefore, in his view, traders and analysts are less trusted by the official U.S. statistics, and do not respond to her as violently as before. According to Aspen, the Fed provides some capital inflows into the U.S. economy. "I hope that the dollar will regain lost ground in the coming weeks" - he said Bigness. ru.

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