Foreign Exchange Market Finansy22-06-2009 Trader forecast for the week: the dollar will ask Wednesday Last week the foreign exchange market was quiet. Now, all currency pairs have hidden before the meeting of the Federal Reserve System. Solutions, which will be announced on Wednesday to determine the movements of currencies in the near future. "The last week in the Forex market was characterized by a stabilization of quotations majors" - said in an interview with Andrew Bigness.ru Gangan, principal analyst at FG, "Kalita-Finans". The main guideline for the currency market all this time remained stock index, whose dynamic and determined the propensity of players to take risks. "In anticipation of the main events of the upcoming week - meeting of the Federal Open Market USA (to be held on Wednesday, June 24. - Ed.) - The major institutional players in no hurry to make large transactions. To sum it up in the last days trading on Forex are held in fairly low volumes, "- said the expert. In his view, a similar dynamic will occur until Wednesday. "Further movement of key pairs - in the hands of the American regulator," - said A. Gangan. Chief economist at SG Finam "Alexander Osin not expect any surprises from this meeting. "Most likely, they will keep rates at 0.25%. Now the Fed takes a wait and see attitude, evaluating what they have done in previous quarters, "- said economist Bigness.ru.
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