Finansy13-04-2009 Trader forecast: The euro will have hard times While The past trading week in the western markets has been reduced and poor in the various statistics and events, the European single currency has completed its significant decrease against the dollar and against the ruble. According to expert forecasts, this trend will continue next week. Euro completed last trading week lower against the U.S. dollar and against the Russian ruble. Before the long weekend (to celebrate the Catholic Easter, most Western stock exchanges and financial institutions on Friday and Monday do not work) investors have decided to go into a more robust dollar. As a result, the main couple of the international currency market on Friday during the Asian session, trading near a level of $ 1.31 per euro. Ruble trades per week also showed a good result at the level of 38.37 rubles for two-currency basket (consisting of 0.45 euros and 0.55 dollars), aided by steadily rising oil prices. In addition, according to financial analyst FxPro Alexander Kuptsikevich, additional pressure on the euro this week, played a few events.
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