Foreign Exchange Market Finansy11-02-2008 Trader forecast for the week: no surprises, no cost end of last week, bewildered Russians sharp rise in the dollar, which was preceded by at least cool his fall. Actually, because of such frenzied volatility in various respected media at the same time the article was "The dollar will fall 20 rubles," and "Dollar lifted up to 50 rubles - and all the prophecies related to the very near future. Many people are seriously asking - what to do with the savings? However, the excitement of crisis predictions, probably due to the approaching presidential election. The fact remains: the situation in the foreign exchange market remained extremely vague. The well-known analyst Yevgeny Nadorshin (senior economist of the investment bank "Trust") has refused to give a forecast for the next five days: "The dynamics may be temporary, everything can change. Things can change just one digit, one ear piece of news "- he said Bigness. ru. The expert noted that last week he did not expect such a movement in exchange rates. Recall that last week was marked by strengthening U.S. currency. Despite the fact that analysts did not forecast any significant movements of currency pairs to the meetings of the European Central Bank and Bank of England, beginning on Monday the dollar has strengthened considerably against several currencies.
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