Monetary prediction: a new week does not promise anyone positive

Finansy16-03-2009 Trader prediction: a new week nobody promises positive past week on the world currency market has stood out difficult for the U.S. currency. The euro was finally able to break its downward momentum and strengthen against the dollar by 3%. The ruble is also not lagged far otodvinuvshis from the upper limits established by the Central Bank of dual currency corridor. The same dynamics are expected by experts and the following week. Quotes of the main currency pairs in the last five days changed very ambiguous. The worsening economic situation in the world, what was said published data on the reduction of the number of jobs in the U.S., as well as news about the current account deficit of balance of payments of Japan, what happened the first time in 13 years, continued to support the dollar in growth early in the week. However, according to analyst "Kalita-Finans" Andrew Gangan, released on Wednesday the data for the U.S. federal budget recorded in February, another excess of expenditure over revenue, still managed to slightly lower U.S. currency, which so persistently kept at the height of the last few weeks . "February's deficit was about $ 194 billion Thus, for the first five months of the current fiscal year (beginning in October 2008), a hole in the U.S. treasury of $ 764 billion for comparison, all the revenues of the Russian budget this year will not exceed $ 185 billion!" - explains the expert in an interview Bigness.ru.