FX forecast for May 10

The euro is trading on the international market at $1.4080, the resistance levels standing at $1.4130 and $1.4330, which is the record high of the year hit last week. The support levels are $1.4000, $1.3940 and $1.3860. The currency market participants today expect the announcement of the U.S. balance of trade (15:30, Chisinau time), which is forecast to be $28.7 billion. EUR/MDL: At the Moldovan currency exchange facilities, the euro is bought for 15.62 – 15.67 lei and sold for about 15.75 lei. USD/MDL: The rates for the dollar are 11.09 – 11.12 (bid) and 11.19 – 11.23 (ask). For further detains, visit www.fb.md. 

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