FX forecast for Oct.28
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[EUR/USD] Euro dropped yesterday to $1.4770, confirming earlier predictions, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo.
Daily graphs show this is the point where euro's decrease stops, with the next stop being the $1.4890 mark. However, weekly graphs indicate the euro will continue to decrease. Either way, this is the moment to find out whether the euro is out for new records high or it will calm down.
[USD/MDL] The depreciation of the dollar on the domestic market seems to have come to an end and it will be followed by a slight increase of the dollar against the leu. While the bid rates will remain around the figure of 11.00 lei, the ask rates are expected to rise to around 11.15 lei.
[EUR/MDL] Bid rates around 16.20 lei; ask rates around 16.40 lei.
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