FX forecast for Oct. 22 – Euro breaks $1.50 mark

-- [EUR/USD] A new record high was hit again yesterday – of $1.5045 – and currently the euro trades at $1.4885, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. Traditionally after every increase a correction is expected. The trading corridor for the euro predicted for today is enclosed between $1.4940 and $1.5020. [USD/MDL] 11.00 – 11.05 lei (bid); 11.13 – 11.18 lei (ask). [EUR/MDL] 16.43– 16.48 lei (bid); 16.58 – 16.63 lei (ask). For further details visit www.fb.md

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