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Wednesday, August 11, 2010

The USD Continued to Increase or Decline

Also, the fact that crude oil is sold in 73 U.S. dollars a barrel, it seems that the economy is indeed recovering from merchants do not feel the need to contact the Greens as an anchor in times of risk.

Monday recorded a relatively slow trading day forex markets as the U.S. marked the "discovery of America by Columbus (Columbus Day), and markets in Canada were closed for Thanksgiving. At the end of the week for the relatively low U.S. dollar, it seems that not even this week, Yair Not a face in particular.

At 11:30 at night down the dollar in relation to Euro -0.33% (1.4778), at -0.28% against the pound (1.5799), decreased by -0.65% relative to the Canadian dollar (1.0353), at -0.32% against the Australian dollar (0.9064) -0.47% in relation to the Swiss franc, and 0.2% against the New Zealand dollar (0.7328). During the trading day, the U.S. dollar rose -0.09% in relation to the Japanese yen and registered a value of 89.82.

Dollar weakened against most major currencies in the world, because investor risk appetite it against expectations that the quarterly reports of U.S. companies are expected to be released this week, will have good predictions.

Trading the forex markets yesterday were lower than usual, due to lack of government bond trading market in the U.S. Columbus Day, holidays several markets around the world, including USA, Canada, Japan and most of Latin America.

Dollar weakened against the euro to a level of 1.4780 dollars euros, after having dropped below the level of U.S. $ 1.48 Euro - recession and a short distance of 1.4842 dollars in annual euro.

U.S. currency traded little changed against the Japanese Yen at the gate of 89.90 yen to the dollar. Swiss franc weakened against the dollar level of 1.0260 francs to the dollar. On the other hand, the dollar strengthened 0.4% against the British pound-dollar level of 1.5784 pound sterling, against economists forecasts that UK interest rates would stay low for many years.

Yesterday the dollar fell -0.24% in the representative and his hair was set at 3.7280 shekels. Weakness of the dollar in the domestic market is in line with weakening against most major currencies in the global market.

Area of the macro, this Thursday should be released Consumer Price Index for September. Estimates are that the index is expected to be 0%. Analysts estimate that the inflation in the next 12 months will be about 2%.

After he ceased the daily purchases of dollars, the Bank of Israel reported that in September bought $ 1.6 billion, compared to purchases of dollars worth of $ 4 billion in August. Bank notes that "a significant decline in September, the exchange rate volatility of the shekel.

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