Climbing pair eur / usd goes

Climbing pair eur /usd continuing. Makrostatichesky background puts additional pressure on the dollar. Data released yesterday showed continued decline of retail sales volume which fell in September to 1.5%. Business stocks also showed a decline of one and a half per cent against the expected decline of 0.6%. In addition, some pressure was exerted on the dollar after the publication of minutes of meetings of the FOMC that it became clear that the tightening of monetary policy we should not wait. Also from the records, it became clear that the meeting discussed whether to increase the volume of mortgage securities purchased by the Central Bank in case of deterioration in the U.S. economy. FOMC also discussed whether to extend the program of purchases of mortgage securities by the end of March 2010 to 31 December 2009, while maintaining the volume of transactions at $ 1.45 trilliona.V minutes of the meeting once again states that the monetary authorities have long wanted the U.S. to maintain interest rates at historic lows, given the current economic situation. Reduction of the U.S. dollar to 14-month low against the basket of international currencies contributedto the same message and head of the Reserve Bank of Australia, who made it clear that soon will be another rate increase, which in turn stimulated a surge of interest in particular to the Australian dollar and the high-yield currencies in general. While Americans continue to remain under pressure. Today, market participants expect inflation block of statistics from the U.S..

Market participants record profits in anticipation of the publication of financial results of Goldman Sachs and Citigroup
Trading volume on the MICEX derivatives market amounted to 1.54 billion rubles
TNK-BP starts selling the new fuel TNK Pulsar
Gazprom will participate in infrastructure development of the Murmansk region with a view to implementing a number of its projects
NP The market has identified priorities for 2009 - 2010 years
In the Forex market is continuously decreasing dollar under pressure from investors' optimism
China will shut smelters
Alcohol pour uncontrollably
Paper Uralkali, despite the significant percentage of the fall, not struck at the level of support for 125 rubles



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