February 2, 2010 at 18:28The dollar rate. European session at a glance
The euro / dollar was able to improve its position in the European session, rising to the level of 1.3955. The reason for this was the growth of stock indices and quotations of precious metals. Also, supported the currency pair and a slight decrease in the yield of Greek government bonds. The dollar against other major currencies also fell slightly.
On the agenda today, the decision of the European Commission is expected on the issue of the Greek government’s action plan aimed at reducing the country's budget deficit. Despite the “sufficient ambitiousness” of these plans, as noted by Joaquin Almunia, a member of the European Commission, they still seem quite feasible.
One of the outsiders of today's trading remains the Australian dollar, which fell to the level of 0.8778 after an unexpected decision by the RBA to leave the key interest rate unchanged at 3.75% y / y.
The attention of the financial community is riveted to the speech of Paul Walker, which is scheduled for today in the Senate. It is expected that he will shed light on the program of reforming banking institutions. On Friday, the focus of the market will be focused on the publication of data on the labor market in the United States.
On the agenda today, the decision of the European Commission is expected on the issue of the Greek government’s action plan aimed at reducing the country's budget deficit. Despite the “sufficient ambitiousness” of these plans, as noted by Joaquin Almunia, a member of the European Commission, they still seem quite feasible.
One of the outsiders of today's trading remains the Australian dollar, which fell to the level of 0.8778 after an unexpected decision by the RBA to leave the key interest rate unchanged at 3.75% y / y.
The attention of the financial community is riveted to the speech of Paul Walker, which is scheduled for today in the Senate. It is expected that he will shed light on the program of reforming banking institutions. On Friday, the focus of the market will be focused on the publication of data on the labor market in the United States.