Finansy04-08-2008 Demand for Dollar weakens Last week the dollar has finished growing. Despite the decline on Thursday, "American" has considerably strengthened its position in relation to the euro and the ruble. The current week will be full of touching macroeconomic data. According to analysts, the dollar has all the chances for continued growth. Another week has passed under the sign of strengthening U.S. dollar. After a relatively calm Monday when the lack of important economic data led to increased attention to market participants the stock indices and lower index Dow Jones Industrial Average almost 200 points, the main push the dollar up occurred on the second day of the week. The first impetus to the growth of the dollar has been a gradual decline in oil prices. If Monday was recorded climb to $ 125 a barrel by the end of the day on Tuesday quotes of oil reached the level of 120.88 dollars per barrel, thereby fixing the two-month minimum. At the same time, the publication of the European data and the UK do not support their national currencies.
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