Sunday, October 16, 2011

In the U.S. there is no faith?

Finansy09-06-2008 dollar no faith? Significantly got stronger at the beginning of the dollar by the end of last week has significantly decreased. Many experts have begun to hope for a stronger dollar - "the idea of ??buying" the greenback has exhausted itself. Furthermore, Europe seems to be still interested in the fortress of the national currency, despite all assurances to the contrary. Early last week, the U.S. currency continued to strengthen against its competitors. Support made by the data on housing prices fell in Britain and a sharp deterioration in consumer sentiment. By sharp purchases on June 3 resulted in an address the chairman of the Federal Reserve System (FRS) the USA Ben Bernanke. In his speech, Fed chairman signaled that the dollar will remain strong and stable, not forgetting to specify that the Treasury and the Fed "closely monitoring" the behavior of exchange rates. At the same time the output data showed an increase in the volume of industrial orders in April in the U.S. by 1,1%, instead of the projected decline of 0.1%. Thus, the euro / dollar moved in a lower range of 1,54-1,55. With regard to the planned publication of news this week, the reaction to them was rather restrained as the main focus of market participants still focused on the publications of interest rates in the Eurozone and the UK, as well as employment rates in the U.S..

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