FX forecast for Nov.02
https://www.ipn.md/en/fx-forecast-for-nov02-7966_978632.html
This week on the international forex trading market is expected to be eventful as the European Central Bank, the Bank of England and the Federal Reserve will all publish updates on their key rates, Financial Brains director PhD. Sveatoslav Mihalache has told Info-Prim Neo.
[EUR/USD]: The week opened at $1.4680 – the recent weeks' low, and currently the euro trades at $1.4760.
Resistance levels: $1.4860; $1.4920; $1.5060 (the year's high).
Support levels: $1.4680 (which was touched this morning, but not broken); $1.4630; $1.4450.
[USD/MDL] No major fluctuations occurred on the domestic market over the past week as the dollar settled in a trading niche between 11.05 and 11.07 lei. Financial Brains predict a slight depreciation of the leu against the dollar in the following days.
At the currency exchange facilities, the dollar will buy today at around 11.00 lei and will sell at around 11.09 lei.
[EUR/MDL] Bid rates at around 16.23 lei; ask rates at around 16.35 lei.
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