A single European currency soared to fresh session highs against the background of news about the preservation of the ECB's refinancing rate at 1.00%, but near the $ 1.4350 the single currency began to sell quite actively, including accounts and the range of Asian players, which provoked a correction lower, which was further developed with beginning of the press conference, Jean-Claude Trichet. Despite the fact that the head of the ECB announced an increase projections for GDP and consumer inflation for the next two years, market participants prefer to pay more attention to his statements that the current rates are appropriate, but now is not the time has come for the liquidation of the stimulus package. Moreover, they seem to have been more sensitive to allegations that the uncertainty remains higher than usual, and the path of economic recovery will be arduous. To date, the euro / dollar dived to bidam of $ 1.4285/80, which remain under pressure from, and they break open the door to further decline to $ 1.4260/50.
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