Big Seven did not give reason for buying the dollar

The result of meeting of the G7 in the past week has been a communiqué in which, once again, it was noted that the random movements in exchange rates have adverse implications for economic and financial stability, while comments on the dollar weakness was observed. This fact, analysts said Bank of America-Merrill Lynch allows us to suppose that in the current circumstances the U.S. currency will continue to experience difficulties when trying to consolidate their positions, and they expect to maintain pressure in particular against the European and commodity currencies. Meanwhile, without much enthusiasm about the prospects of the dollar and talk of Goldman Sachs. Senior economist at Bank of Dominic Wilson notes that the decline in markets over the past few weeks has resulted in improved correlation potential income and risk, and overall macroeconomic situation is favorable for the risky assets in the short term. However, he acknowledges that make possible a strong catalyst for yet difficult. These may be the data on income for the third quarter, but still premature to speak clearly.