EUR/USD: The aroma of turkey is felt in the air, Financial Brains director, PhD Sveatoslav Mihalache has told Info-Prim Neo. The desperate attempts to pass the $1.5050 level – FB has counted at least 18 attempts during the last few weeks – are symptomatic at the moment. Since March until present, the European common currency has appreciated by about 20% against the US dollar. The strength of the euro against the dollar, or, more precisely, the weakness of the dollar against the euro has been fueled constantly by speculations that the dollar is losing the status of “refuge currency”or “safe haven” and reserve currency. One of the recent examples is the initiative of the member states of the Gulf Coordination Council to create a common regional currency so as to raise the price of the oil extracted in the area to the detriment of the dollar. There were many such announcements during the year. However, it seems that the trend reached the desired levels. In the immediate future, the aroma of turkey prepared on Thanksgiving Day will have a beneficial influence on the dollar, Sveatoslav Mihalache said. Furthermore, towards the end of the year the investors are expected to close their mostly long positions. These and other signs show the dollar will appreciate, while the euro will lose value by the end of the year. This will affect the domestic market as well. The first level to which the dollar could fall is $1.4450 and then about $1.37. The euro is now trading at $1.4995. Resistance levels: $1.5060; $1.5140 Support levels: $1.4880; $1.4770; $1.4620 EUR/MDL: 16.45 – 16.49 lei to buy and 16.60 – 16.65 lei to sell. USD/MDL: At currency exchange facilities, the dollar will be purchased today for 11.03 – 11.05 lei and will be sold for 11.10 – 11.15 lei. For further details, visit www.fb.md or www.financialbrains.eu.