FX forecast for June 9

One of the events that will influence the quotations of the [EUR/USD] pair this week is the G8 finance ministers’ meeting that will bring up the exchange rates of the dollar and the euro. As important will be the publication of the latest statistical data on the U.S. economy and the profitability of the U.S. treasury bonds, Financial Brains director, PhD Sveatoslav Mihalache has told Info-Prim Neo. The euro is now trading at $1.3870. The support level standing at $1.3740 has not been yet tried. Financial Brains considers that the euro rates this week will range between $1.3740 and $1.40 (about 15.35 – 15.70 lei). [EUR/MDL:] At the Moldovan currency exchange facilities, the rates for the euro will be 15.37 – 15.43 lei (bid) and 15.55 – 15.62 lei (ask). [USD/MDL:] Yesterday, the National Bank intervened on the market and purchased foreign currency for Moldovan lei. The currency exchange facilities will trade the dollar for 11.09 – 11.12 lei (bid) and 11.19 – 11.23 lei (ask). For further details, visit www.fb.md. 

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