Forex: Euro confidently holds above 1.4000

A single European currency, inspired, apparently, the desire of investors to somehow earn and invest in risky assets, today held above the psychologically important 1.4000 mark.

maximum, which is still able to reach Euro - 1.4017 to 13:00 Moscow time the currency traded at 1.4010.
Oil, which seems to be finally out of hibernation, has on the U.S. dollar pressure. In addition, today we will know the view the European Commission regarding the situation in Greece - of course, an1000y comments one way or another affect the course of the single currency.
statistics for the euro area and Germany on the final level of PMI came out not very optimistic, but lately players continue to be ignored by statistical data for the euro area. And although the figure for the level of retail sales in the euro area showed up to the December decline, but was higher than forecast, thus euromarket remain above 1.4000.

The rest of the week will be rich in makrostatistiku both the Eurozone and the U.S. - Today in the afternoon will be known figures on the U.S. ISM services sector, which is the same as the figure on Monday, is expected to better forecasts. Note that the positive statistics on the U.S. dollar could trigger a rebound down, as players will need the currency to cover today"s risky positions. However, this medal the two sides - investors could well attend to the issue of more soon raise interest rates if the data is favorable, then "buck" will push up the expectations of the players despite the fact that recently the Fed announced that rates will remain low for a long time.
In addition, tomorrow will be a meeting of the Bank of England and the ECB - calm on the market could disrupt comments monetary policy terms downsizing incentive programs and projections for the recovery.

likely bidding environment for the EUR /USD pair will be completed in the corridor of 1.3900-1.4100.

Overview of the oil market for 02.02.10
Looking at today"s market
Domestic expensive sugar, wholesalers predict that 12 UAH /kg - no limit
China will intensify introduction of new varieties of crops derived from genetic engineering
Markets do not wait for the shocks from the G7 meeting in Canada
Lessons from the Swiss investment

Thanks to low taxes in Switzerland habitually wins fight to bring a large transnational business ...

Lime soul

How can I reduce the "something I do not know that": no one has not determined how many public servants to Ukraine ...

Recommendations on the stock market: Lukoil, Norilsk Nickel, Rostelecom, Gazprom, Mosenergo, Surgutneftegaz, Sberbank "
By the middle of trading interests of investors have shifted from the communications sector in the energy sector

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