The information vacuum created Monday, Sept. 6, in connection with the weekend in the U.S., has led to the fact that the Forex market has been unusually quiet. Nevertheless, the players have not left a market and began preparations for active service. In particular September 7, a pair euro / dollar a stable downtrend and it was near the mark of 1.28, which on the whole figure is lower than the day before.
Couple pound / dollar retreated significantly from the level 1,55. She was quoted near the mark of 1,538 dollars per pound. Apparently, the opening session of the United States the trend in selling the British currency will continue.
But the most interesting in the currency market on Tuesday will take place in a pair of yen / dollar: it has long been the approach of quotations to mark 84 yen / dollar. It is a powerful level of support, a breakthrough which greatly disappointed the Bank of Japan, but will increase the interest in the yen by the players. Who is stronger - emission center or puhnuschie of liquidity banks - will show the next session. However, the rate is higher than ever: continued strengthening of the yen could inflict a severe blow to the Japanese economy, the issue is that currency can lead to inflation and, consequently, more expensive loans for the Japanese government.
In Forex is gaining momentum in conservative tendency to escape currencies - the dollar strengthened to European competitors. The yen meanwhile, is growing relative to the dollar. Meanwhile, in the next session may occur interesting event - will develop the struggle for the future of the yen. Many market participants are happy to take part in this struggle.
