Finansy23-06-2008 The fate of the dollar will be decided on Wednesday Last week was marked by the comparative calm in the foreign exchange market. Dollar marginally passed the position, while the price of "black gold" conquered all new heights. In general, the attitude of investors to the "American" experts estimate that as negative, and expect this week continued strengthening of the euro. Finance Ministers Meeting "Big Eight" has not brought surprises, since the joint statement after the meeting did not affect the topic of currency markets. Thus, early last week the dollar fell against most major rivals. Oil prices set a new record - $ 139.10 per barrel increase in price by about $ 4. Even after a decent data on flows of investment capital across the border the U.S. dollar was unable to overcome the attenuation. Euro at the same time was supported by the data on inflation in the euro area, increasing the likelihood of tighter monetary policy by the ECB in the next month, said in an interview Bigness.ru head of analytical department of GC "Forex Club" Alexey Trifonov. As a result, the euro / dollar break through 1.55.
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