Reaction dollar on statistics from the USA

The economic statistics from the USA, published at 16.30 Moscow time, has appeared unexpectedly positive for the American currency, taking into consideration, that retails have grown on 0.6 % whereas growth in 0.3 % (an indicator without cars also was expected has surpassed expectations: +0.4 % against the forecast of +0.3 %), and inflation of the prices of manufacturers in September has grown on 1.1 %, having appeared above the forecast in +0.4 %. The Euro/dollar has reacted on given by falling therefore bears managed to test demand in the field of $4160/50 which, however, has constrained decrease and has served as a platform for counterattack of bulls. At present the euro exchange rate in relation to the American currency makes $1.4198, and dealers notice, that as the reason of ascending movement yen easing has served, considering, that players carry trades have positively apprehended reports. Besides, as they said, at participants of the market interest to purchase of the European currency on recessions is saved. Orders on euro sale remain nearby $4210/15 with stops above whereas stronger interest to sale is noted in the field of $4240/50. Forexpf. Ru - Forex News / News Forex