Finansy04-05-2009 Trader forecast for the week: good news weakened the dollar Last week the currency markets are extremely volatile - the market is very responsive to current events, and statistics. But by the end of the week the dollar still was under pressure for good news, which traditionally weaken the U.S. currency. According to analysts, the outcome of next week will depend on the outcome of the meeting of the European Central Bank, and with an adverse outcome, the European currency may drop down to $ 1.24. The past week has been rich in macroeconomic statistics. Of course, the main newsmaker of the week was the United States, where on Wednesday came out preliminary data on gross domestic product in I quarter. According to official estimates, the world's largest economy in the first three months of 2009 decreased by 6,1%, while the consensus forecast was -4.7%. The most pessimistic experts predicting falling by 7-8%.
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