Friday, December 23, 2011

Master of the situation calm in the currency markets with low trading volumes

Master of the situation calm in the currency markets with low trading volumes
U.S. dollar fell the start of European trading for a second day after shrinking fears in financial markets and improved levels of confidence after U.S. data, which came better than expected yesterday, which pointed to the decline in jobless claims during the last week, a pace higher than expected and this is what preachers a good boost to the markets for the beginning of improvement economic conditions in the U.S., and ignored the markets yesterday, the amendment's negative GDP in the third quarter, but today we have a date with grant applications as it is expected to show a noticeable rise in the past month, taking advantage of the performance of the industrial sector during the last period, has provided the economy the U.S. during the few years many of the mixed signals between the slowing pace of growth during the third quarter on the annual level, and the signal quality of the labor sector has declined requests for subsidy through Alosbuaaan past two, and trading the U.S. dollar USDIX is currently on the levels of 79.75 and scored the highest at 79.95 and the lowest 79.72 when compared to the opening price at 79.94.


The euro rose against the U.S. dollar for the second day in a row with the end of the week, the economic and financial markets suffer from the scarcity of large volumes with the approach of the holiday season and new year, it has turned investors to close their financial positions and exit from the market to enjoy Christmas, it was dominated by a state of oscillation with the great scarcity of economic data from the European continent, Dazal the last movement made by the European Central Bank on Wednesday to sell 489 billion euros of loans with a duration of three years, higher than market expectations, and is the latest attempt from the central bank to avert a liquidity crisis in the markets Central European sovereign debt crisis worsened in the euro area, and the pair now on the levels of 1.3064 and scored the highest at 1.3095 and a low of 1.3044 compared to the opening price at 1.3049.


Pound rose against the U.S. dollar for the fourth consecutive day, and after that showed a final reading of the gross domestic product yesterday amendment positively during the third quarter, benefiting from the relative improvement in the levels of consumer spending to cover some of the large losses in the decline in exports, but today, investors on a date with the index services during the month of November and are expected to show a decline in the performance of the sector affected by the policy austerity strict approved by the government to reduce the budget deficit, and the pair now on the levels of 1.5691 and scored the highest at 1.5705 and a low of 1.5668 compared to the opening price at 1.5655.

Forex

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