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Comment on the situation on a market 16.12.13

Bernanke may quit the job before the appointed time

Already on Wednesday, Bernanke may announce stimulus reduction. This may be due not only to the improved U.S. economy, but perhaps to the Bernanke’s announcement on Wednesday about his early resignation in December of this year, instead of January 2014. Anyway, …

Technical review of the EUR/USD 16.12.13

Preliminary Purchasing Managers Index (PMI) in Germany surpassed forecasts, but the euro / U.S. dollar was unable to regain the ground lost after the very weak French data. After the release of the German PMI, the euro / dollar rose from 1.3745 to 1.3755 area and is now trading at …

Comment on the situation on a market 11.12.13

USD has all chances to receive support
 

Expectationsrelated to the fact that in December the Fed will not start stimulus reduction slightly declined. In our opinion, the assurances of some experts that the statistics from the United States, which came out last week are insufficient for the decision on …

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