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  • Sergiy Zlyvko
    Currency » Next week Forex forecast
    Sergiy Zlyvko - December 21, 2013, 11:17 GMT

    U.S. dollar somewhat strengthened its positions in the global currency market in the period from 16 to 20 December as market participants assessed the outcome of the last meeting of the Federal Open Market Committee Federal Reserve. U.S. regulators decided to start reducing the quantitative easing program. It lowered the volume of securities purchases by

  • Sergiy Zlyvko
    Currency » 19 December Forex daily review
    Sergiy Zlyvko - December 20, 2013, 09:34 GMT

    In the U.S. session weak economic data from the United States limited the growth of the U.S. dollar. The number of initial claims for unemployment benefits rose unexpectedly last week, home sales in the secondary market declined in November, the index of business activity in the manufacturing sector of Philadelphia was worse than expected. On

  • Sergiy Zlyvko
    Currency » 18 December Forex daily review
    Sergiy Zlyvko - December 19, 2013, 10:10 GMT

    Fed gave New Year’s surprise to financial markets. Now we do not have to guess when QE3 reducing will be started. In honor of Bernanke care as head of the U.S. Federal Reserve at the last meeting it was decided to reduce monthly volume of government bond purchases by $10 billion to $75 billion from

  • Sergiy Zlyvko
    Currency » 17 December Forex daily review
    Sergiy Zlyvko - December 18, 2013, 09:57 GMT

    On Tuesday on inflation data in the U.S., dollar lost all points earned in the European session. This is due to the fact that the slowdown of U.S. inflation will force the Fed to delay QE3 program folding and continue to stimulate the growth of the U.S. economy and inflation. According to the latest survey

  • Sergiy Zlyvko
    Currency » 16 December Forex daily review
    Sergiy Zlyvko - December 17, 2013, 10:25 GMT

    The single currency has failed to pass the zone of sales at 1.3795. Strong November data on industrial production in the U.S. and the statements of the ECB head Mario Draghi contributed to a decrease of EURUSD to 1.3740. GBPUSD closed in the positive area at about 1.6300. DXY index decreased to 79.90 and it

  • Sergiy Zlyvko
    Currency » Next week’s Forex forecast
    Sergiy Zlyvko - December 15, 2013, 18:11 GMT

    The coming week promises to be very interesting for all the outgoing 2013 year: Fed Chairman Bernanke will probably make its last meeting as chairman and may complete his seven-year term beginning of the end of incentives. Sure, even the likelihood of such an outcome makes the pressure on the dynamics of stock markets already

  • Sergiy Zlyvko
    Currency » 12 December Forex daily review
    Sergiy Zlyvko - December 13, 2013, 10:03 GMT

    At the trading on Thursday, the U.S. dollar closed up against their competitors. The dollar index DXY rose from a low of 79.80 to 80.25. US dollar strengthened its position to the Australian dollar mostly. Growth amounted to 1.70% or 150 points against AUDUSD. The Australian dollar has fallen across the market after the head

  • Sergiy Zlyvko
    Currency » 11 December Forex daily review
    Sergiy Zlyvko - December 12, 2013, 07:03 GMT

    On Wednesday, the U.S. dollar closed up against the British pound and Australian dollar, as well as decreased against the euro and the Swiss franc. British pound on aggressive sales and Aussie around the market much lay down the basic pairs GBPUSD and AUDUSD. The euro/dollar after trading at 1.3810 tested 1.3795. Pound/dollar after falling

  • Sergiy Zlyvko
    Currency » 10 December Forex daily review
    Sergiy Zlyvko - December 11, 2013, 08:16 GMT

    On Tuesday, closer to the close of trading in Europe, the euro/dollar crept close to 1.38, where profit started. A British pound came under pressure from the cross rates, and did not update the Asian maximum 1.6465. Risk appetite gradually fades away, which negatively affects the growth of major currencies against the U.S. dollar. Local

  • Sergiy Zlyvko
    Currency » 9 December Forex daily review
    Sergiy Zlyvko - December 10, 2013, 15:17 GMT

    On Monday, the highest activity was observed on the cross rates with the Japanese yen. The market opened crosses gapped up and after a minor correction of the U.S. session, the growth continued (weakening of the yen). The growth of cross-rates supported the euro/dollar and pound/dollar. The EURUSD climbed to 1.3745. GBPUSD rose to 1.6430