American focus: USD on the way to new minimum?[Е]

Pressure on USD has renewed on American session after Klaus Liebscher, ECB representatives, announcement that risks of inflation do not drop in European session.

The comments has brought forth new speculations relating to ECB continue to increase rate.

«It is high grade of probability the rate will increase on next ECB meeting», Henrik Gullberg, currency strategist of London representative office Calyon, assumed. «Such expectations suppors common currency»

Analytics Canyon warns about finish of USD strengthening period. Despite global reassignments during few months on worlds markets rendered increase of USD demand, probably, this positive for USD effect comes to zero level next time.

«The market has taken into account yet regular increase of rate on 25 b.p. that should be approved by economy data», analytics of Calyon said. «Nevertheless, the risks of USD drop next week will be increased»

Market of futures this time appraises the probability of rate increaseFederal Funds 25 years диаграмма to 5.25% on Junes meeting in 60%. Last week analogous probability did not exceed 42%.

Nevertheless, we assumed that USD will remain in range combined for the last time and trades before GDP issued data GDP q/q диаграмма will be determined by techniques factors.

Main indexes opened with decrease and continue to take losses now. Sales on raw market and commodities market influence on dynamic of American shares negatively. Probably, the situation will not change and equity market close with decrease.