Despite the fact that the day for the single European currency began not in the best way, by mid-session EUR managed to win back a little.
So, by 13:15 Moscow time the euro is worth 1.4078, compared with the morning near 1.4030 marks, and yesterday"s close of 1.4072.
support for the euro currency were the statistics for Germany - and if the first digit of Saxony were not the most optimistic, then later released figures for other parts of Germany have stabilized now. Eve also learned that the Greek authorities were able to implement five-year bonds to fulfill promises to reduce the budget deficit - news for the euro currency, in general, too bad. But while the euro traded only under the influence of American news background.
Today, all attention is focused on the players up a two-day meeting of the Federal Reserve System in the United States. And, despite the fact that the representative of the European Central Bank"s Bini Magee said Wednesday morning that the market should base their expectations on the rates of macroeconomic variables, rather than engage in deciphering the statements of politicians, traders will catch every comment representatives of the Federal Reserve.
Rather, members Fedrezerva will continue to provide its earlier view, and then the dollar will rise to consolidation. However, if the question would be shifting the timing folding program to stimulate the economy, USD will go down on forex.
Supposedly, the pair EUR /USD will complete today"s session in the corridor of 1.4000-1.4120.
Today in the U.S. is expected: the sale of new housing, oil reserves, a key Federal Reserve rate, reporting Caterpillar, Boeing, ConocoPhillips and other
Asia: optimists, Reply!
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Review of the precious metals market for 26.01.10
Important news from the U.S. will make their adjustments in the dynamics of world stock and commodity markets