09, May 2014

EUR/USD (4-х часовой график)

EUR/USD (4-х часовой график)

The U.S. dollar was trying to regain the lost ground, but could not succeed much in it. The EUR /USD has weakened by 0.1%. The orders in Germany industry in March showed a significant reduction which once again confirms the concept that a high rate of the single European currency is negative for German business. "Bears" tried to organize a sale of the euro/dollar on this background, but the "bulls" redeemed decline. Ms. Yellen performed and said about restoring the American economy after the winter decline in the early spring months, still she expects that it will take a considerable period of time before interest rates will grow after the completion of the quantitative easing program. The last fact certainly disappointed the investment community, so and a strong strengthening of the American currency was observed.

GBP/USD has spent the day consolidating near the 1.6975 resistance level. A partial profit on long positions was observed.

In the absence of macroeconomic statistics from the UK and the U.S. Sales at the world's leading stock markets cheered "bears" to open short positions on the USD/JPY. The pair fell to 101.42, but then amid the President Vladimir Putin’s comments about the advisability of transferring to a later date of the referenda in eastern Ukraine, there was a reversal in the shares market which supported the demand for the U.S. dollar against the Japanese rival.