Wednesday, April 22, 2009

Pound / dollar. Mood remains negative

Economic statistics from the UK was mixed in nature, given that, while the increase in the number of applications for the 73 700 unemployed persons was significantly lower than the expected 116 000 in the general data on the labor market confirmed the trend towards the weakening of his, with a negative impression on the market has a greater drop in the average wage, taking into account bonuses, while data on the needs of the public sector as a cash flow and net borrowings confirmed investors' fears about possible unpleasant surprises from the data on public finances. Pound remains under pressure, with is worth paying attention to the fact that at the end of the trading on Tuesday bulls have attempted to counter, in which they were able to rise to пробитой previous trend line, but they never managed to consolidate above it, and now the recent minima approximately $ 1.4467 threatened re-testing. Pound / dollar is currently holding around $ 1.4544, having some support around $ 1.4520, but below the breakthrough opens the way for bidam some figures, and then in the area of $ 1.4480/70. Ofer is now located in the area of $ 1.4605 with a foot higher than $ 1.4610, while a further interest in the sale occurs in the area of $ 1.4640.

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