Foreign Exchange Market Finansy25-07-2009 Trader Forecast: Currency wake up from "sleep" Foreign exchange auction this week were pretty boring and "unprincipled." Dollar tried to be corrected, but his timid attempts were in vain. Russian floors echoed trends Forex - Ruble did not respond even to strong growth of oil, which greatly surprised the experts. However, the "padded status" will change literally next week - we expect new records for the second quarter. This week, we could observe the new "unprincipled" trades on the foreign exchange market. According to principal analyst FG "Kalita-Finans" Andrew Gangan, despite a slight strengthening of European currencies, there are no clear trends in the global Forex market is not traced. Positive investor sentiment contributed to the belief that the economy has finally reached a certain "bottom", and soon will start his road to recovery. As a result, the dollar remained under pressure all week, going back even though his positions have not changed much. Several times the "American" even strove to be corrected, but the timid attempts of bulls to break the level of $ 1.43 has successfully fought back.
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