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Risky instruments and low activity

Today in the the Forex market the great demand on more the riskier instruments.

Australian dollar rose to the level of American session 0.8575, the highest since September 2008. New Zealand dollar rose to 0.6932, also the highest since September 2008. Course USD/CAD fell to 1.0739 level.

Support for these currencies has also increased stock indices and commodity prices. Owing to the weekend in the U.S. and Canadian activity in the forex market is very low.

Pair GBR/USD fell to 1.6324. Information that the British company Cadbury rejected the proposal on its purchase of U.S. company Kraft Foods for 16.7 billion dollars provides pressure on course.
Decrease in a course of pound also is due the expectation of session of Bank of England this week. It is expected that the bank can leave the parametres of quantitative easing of a monetary policy without changing.

07.09.2009

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