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mamka mu i gbp/chf...............nqmah si rabota da sloja stop na 2.336(((((((((((( kakto i da e......jivota prodaljava...pak i vse oshte ima ostatachno pari za igra
Ето и още нещо, което е любопитно, поне за мен и за всички друго, на които йената е слабост!
LONDON (AFX) - The dollar was moderately weaker against the European currencies and the yen Friday with key U.S. trade deficit and confidence updates likely to set a more definitive tone to the currencies market.
European currencies have been testing but have failed to breach multi-year highs against the dollar since the G-7 gathering last weekend highlighted European and Japanese concerns over the weaker dollar and currencies volatility.
The euro was last up 0.1 percent on the dollar at $1.2825. The common currency last month set a record high at $1.29. The British pound was up 0.1 percent at $1.8915.
In Tokyo, the dollar was little changed against the yen in Asia trade Friday as the market looked ahead to next week"s Japanese gross domestic product data.
The dollar edged up to 105.38 yen in late Asia from 105.35 yen in late Thursday New York trade. The greenback traded in a tight range of 105.33 yen and 105.46 yen in the morning.
Masaki Fukui, vice president of the forex division at Mizuho Corporate Bank, said the trend of the weakening dollar was unchanged after the Greenspan"s two-day testimony and last weekend"s Group of Seven finance ministers" meeting and he expects the greenback to weaken towards the 104-yen level.
"The market is looking for fresh data after Fed Chairman Greenspan on Thursday basically repeated the same message," said Fukui. "My focus is on Japan"s GDP numbers next week. My guess is that the expected strong numbers in Japan"s GDP could push the yen higher."
LONDON (AFX) - Major currencies are little changed against each other in midday London trading, before the US December trade report at 1.30 pm.
With the euro fluctuating above 1.28 usd, and dollar/yen staying above 105, it appears the week "ends with a whimper", said Marc Chandler, chief currency strategist at HSBC USA Bank.
The volatility came earlier in the week, as the market first bought up and then sold off the dollar after the G7 economic leaders called for both flexibility and limits on volatility last weekend.
Federal Reserve Chairman Alan Greenspan on Wednesday gave fresh impetus to the dollar"s decline, as he said the drop was not a significant problem and could have positive effects by reducing the US current account deficit.
At this point, it appears unlikely that a significant move will be made in either direction for the dollar against the other main currencies today, said Steve Barrow, strategist at Bear Stearns.
The US will be on holiday Monday for Presidents" day, making it likely that volumes with thin early today, as US traders depart early for the weekend, he added.
That said, the bias for the dollar is clearly in a downward direction, and a worse-than-expected US trade deficit, combined with thin liquidity, carries the risk of an unexpected shift later today.
"The only question is how much the dollar declines" over time, Barrow said.
Putting it slightly differently, Ashley Davies at UBS predicted that "dollar weakness continues to prevail over the medium term, and it is more a case of when rather than if euro/dollar will break through the psychologically important 1.30 level."
US economists forecast the trade deficit to widen in December to 39.6 bln usd from 38 bln in November.
At 2.45 pm, the Michigan consumer sentiment survey will also be reported, with economists forecasting a decline to 103.1 in the final reading for February, from 103.8 in the initial reading.
November saw an unexpected narrowing of the trade deficit, which last month led some analysts to say that the dollar"s sustained decline over the past two years appeared to be having a positive impact on the trade picture.
However, with US GDP growth outpacing that of most of its trading partners, the deficit is expected to have widened again in December, analysts said.
A significant volume of euro/dollar options appear to have 1.2850 as a trigger point, Chandler said, making any move above this level important from a positioning standpoint.
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fxMan
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