So, while the euro rose to 1.4967. Antidollarovoe rally in all markets continues unabated. In the euro-dollar increase in the volume continues, the pair showed 13 small consecutive four-hour candles in a row. With a penetration 1.4960 mass market, probably will not be able to resist the growth and acceleration of the motion will occur. 1.53 Charges option we are determined to see in the next few days, but most likely, even at this current wave of growth will not be completed. In general, we still see no comment on the local market situation in the context of the ongoing trend.

But it makes sense to focus on the future prospects of couples. Some time ago we expected that the dollar rally will certainly be completed punitive action against the players encountered in long-term dollar selling at the output of the summer range, and in November, waiting for a terrible crash euro (up to 1.42) and in all markets. Even earlier, in the first half of summer, we thought that the bulk of growth to a mark of 1.47, before the end of August, after the collapse in the euro area 1.31-1.33. All of these scenarios, we were forced to reconsider, because the euro has grown relatively slow, the volumes, and hence the movement was more than justified. Our last scenario is that the euro will rise until the end of the year upto 1.56-1.57, but the historical highs euro still will not update. Now we tend to assume that the upward movement will not end even in December or January and the euro will exceed 1.60 in the trend, going from the beginning of March. Naturally, this will mean a continued rally in all markets, especially commodity. At the same time, many analysts write that the current expansion is completely unfounded, purely speculative, aimed at ensuring that due to the effect of the crowd to entice an unreasonable weight in buying assets and then sell them to the maximum of the assets, after which the stock markets, oil, etc. crumble and reveal the second floor. As proof of unreasonableness growth they cause U.S. economic data, which seemed to show no improvement. In particular, unemployment in the U.S. continues to grow, credit is reduced, etc. On the mass of other hidden mines in the U.S. economy we ourselves have written repeatedly. Nevertheless, it is necessary to draw attention to the fact that growth in the U.S. in the second quarter is revised to -0.7% per annum, and the data for the 3rd quarter, which will be published later this month, expect growth of 2.7% per annum! Of course, one could argue that it is painted statistics. But we just tend to think that the latest data, for example, Nonfarm Payrolls, most noticeably distort the picture on the downside. The situation in the U.S. economy really began to improve. If it were not so, we would not see now going full speed a falling dollar, which benefits the U.S. is in the restoration. In what way is the U.S. economy began to recover, if, in addition to program money for jalopy to promote sales of cars, to stimulate demand in the U.S., nothing was done? In fact, the restoration of the U.S. economy was destined for 10 months ago. The sharp growth in money supply in the United States in late 2008 with the simultaneous collapse of oil prices at the same time simply guarantee the return of the U.S. economy, but the delay was equal to six months.

The graph shows that the peak of the crisis came in January 2009, when a change in jobs outside the agricultural sector amounted to -741 thousand But in this moment, oil prices were around $ 35 per barrel, and monetary mass M1 surged above 1.6 trillion., though just before the crisis, in August, it stood at 1.4 trillion. that is, money supply growth for the second half of 2008 was 14.2%. Thus were created the most favorable conditions for recovery. We can not exclude that in the 4th quarter of the U.S. economy will show further significant growth at 5%, the benefit to show growth from the deep bottom, do not need much effort, and the cheaper dollar will be supportive of American industry. But what about the global crisis, reducing demand in the U.S. and the phenomenal level of unemployment? These phenomena are associated with the reduction of global imbalances that have already occurred. Thus, the monthly U.S. trade deficit fell from an average pre-crisis U.S. $ 60 billion to 30 billion in recent months. Exports from the United States according to recent data of 128.2 billion dollars, a year ago it stood at 161.5 billion dollars in U.S. imports of 158.93 billion dollars, a year ago stood at 222.5 billion dollars Accordingly, U.S. exports fell to 33.3, billion . dollars, imports fell 63.6 billion, total $ 97 billion turnover in the month, 1.16 trillion. per year. Lost their jobs people who served this turn, this imbalance, over-consumption. These people are unlikely to find a job soon, and unemployment is unlikely to begin to fall, because it will take time to restructure the economy, but that does not mean that U.S. GDP can not demonstrate the wonders of growth for a couple of three-quarters (especially if this growth will be supported by the devaluation of the dollar). And if at the time of the euro rise strikes a mark of 1.6 and even rise to 1.8 in the first half of 2010, world public will have at least the belief that, despite the falling dollar, the U.S. economy remains strong. Then we can expect a new wave of dollar strengthening, for example, back to 1.50, in connection with the new cycle of raising capital in the United States.

Positive statements of U.S. banks Goldman Sachs and Citi Group did not call a special surge of optimism among investors
Most likely, the correction to the Russian sites will continue until the end of the week
In the oil and gas sector, which is supported by oil prices, continues to lead Gazprom Neft
In the last hours of trading expected increased volatility of the stock quotations
Gazprom in 2010 to decide on the timing of the first phase of the Shtokman gas field
LUKOIL and Russia Maritime Register of Shipping have agreed on the development of construction technology of the fleet
Necessary investments in grain export
The technical analysis of currency pairs
Review of the precious metals market for 14.10.09