Euro / dollar continues to show high volatility

At the auctions this week, the dollar continues to enjoy demand in the market Forex. Beginning the strengthening of another September 23 (remember that on that day, the euro /dollar celebrated its maximum at around 1.4842), the U.S. currency has already played some of their positions, close to a sufficiently important mark of 1.45. In addition, in recent times in the Forex market can be seen high volatility, due to a large number of important events. So, last week the players all the attention was focused on the summit of the Greater Twenties , the results of which supported the overall dynamism of the market. However, participants in the summit once again proved to be democratic, and any sharp statements followed. Naturally, the countries agreed to continue the development of anti-crisis measures in order to further recovery.

Despite analysts' predictions that the current week are likely to be significantly quieter than the previous one, the euro /dollar continues to show high volatility. Monday, 28 September, in the absence of important macroeconomic news, the focus of investors has been focused on the speech of the ECB JC Trichet at the European Parliament. It is obvious that the official statements did not support the risky euro, and preferences of the players remained unchanged.

Trades Tuesday, September 29, again showing a downward trend. Tuesday will be very rich in terms of publications diversified macroeconomic statistics. Among the most important publications should be noted the final figures for UK GDP to 2 quarter of 2009, the index of confidence in the various sectors of the economy of Europe, as well as the index of consumer confidence in Europe and a similar index in the United States. According to forecasts, any surprises we should not expect, therefore, likely that the euro will continue to sell. Change your appetite for risk may be players data on Thursday and Friday, October 1 and 2, respectively, when released information about the job market in America and will be the speech of the Fed's Bernanke BS.

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