Friday, December 29, 2006

Forex News: 29.12.2006 The changes at the Forex market are not to be above 50 points

The data of consumer confidence in the USA was 109.2, which was up to analysts’ expectations. Chiicago PMI was 52.4.

“The market reacted on this statistics with positive dynamics, which allowed dollar to confirm its position by 50 points. However, the reaction was insignificant as a whole, and no fundamental changes took place. There is no need to expect any events after it”, Artem Enshin, NorthFinance financial analyst says.

”Today the index of consumer confidence in Great Britain is published. During the last period under report, the reading was -7, the analysts expect it to grow by -6. The changes at the Forex market are not to be above 50 points”.

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