Thursday, April 23, 2009

Forex. The opening bid in the United States

The dollar / yen and euro / yen managed to continue its recovery from the Asian minima, which started in the European session. Retailers expect a positive opening of U.S. markets on a background of mixed dynamics in Europe. Euro / dollar also rose, resulting in a function at the level of 1.3050 foot and a further increase to 1.3070. Resistance at 1.4600 is not given an opportunity to continue strengthening the pound, after falling to a minimum of 1.4397 under the influence of gloomy UK budget announced by Finance Minister. The focus has been the euro / franc, which has actively bought in anticipation of the speech Hildebrand, and reached a level of 1.5198. However, as soon as the Chairman of the Central Bank has started to broadcast a pair of setbacks to 1.5080, and then recovered to 1.5160.

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