FX forecast for August 5

- [EUR/USD] After the spectacular appreciation of the European common currency on the international currency market on Monday, the bulls and the bears seem to have buried the battle ax, minimizing the oscillations of the trade diapason of the euro. Thus, the European currency preserved its position, trading this morning at $1.4390, Financial Brains director, PhD Sveatoslav Mihalache has told Info-Prim Neo. But, according to him, the level of $1.4170 to which the euro is expected to fall is now more distinct. [EUR/MDL] At the Moldovan currency exchange facilities, the rates will remain high compared with last week: 15.95 – 16.00 lei (bid) and 16.10 – 16.15 lei (ask). [USD/MDL] On the interbank market, the dollar found its balance, trading at 11.22 lei on average. At currency exchange facilities, the rates will remain the same: 11.19 – 11.21 (bid) and 11.25 – 11.26 (ask). For further details, visit www.fb.md