फोरेक्स ओं-लाइन

Investors continue to monitor developments around Greece, namely, the conditions under which the country will be able to refinance its debt. Scheduled for this week, placing a new issuance of government bonds Greece increased the demand for risky assets. However, Greece should pay 11 billion euros in debt in April, as illustrated by the State Debt Management Agency of Greece, but it can become sufficiently strong barrier to the European currency.

Many experts believe that the current rise in the euro is likely to be temporary and must be regarded only as a correction, as sentiment remains generally quite negative.

Amid concerns about reducing the possibility of default of Greece stabilized above 1.3430 support a few euros at the auction on Monday, but, as we see, investors also tend to put on the growth of the dollar. Renewed selling of 1.35 figures tell us that the pair euro / dollar is not easy to achieve this milestone.

As for the British currency, the consolidation of a pair of pound / dollar above the 1.49 figure would mean a further closing of short positions and perhaps even succeed Briton to climb to a mark of 1.51, and then to 1.52.

Tomorrow, investors will be expected to yield data on changes in the volume of UK GDP, the current account surplus in the UK, the price index for shelter from Nat'wide, an indicator of consumer confidence in the U.S..

फोरेक्स ट्रेडिंग


At the auction on Monday against the background of general improvement in sentiment in global markets, the euro and other higher-yielding currencies have demonstrated growth, crowding, so the U.S. dollar further away from his achievements in the last week of months of highs.

The increase optimism of investors contributed to the decision last week EU leaders in Brussels on the necessity of participation of the International Monetary Fund (IMF) in financial assistance to Greece.

The agreement between the EU and the IMF on the question of Greece allowed the euro, together with other higher-yielding currencies bounce from its lows and go on the offensive, which was partly caused by a massive profit-taking and the closure of long positions on dollar large investors.

At the same time risk appetite increased after the Greek Government announced its intention to attract 5 billion euros by issuing seven-year bonds. Experts note that the proceeds from these bonds will have to help Greece to implement appropriate debt payments as early as next month।