FX forecast for July 3

[EUR/USD] After yesterday’s meeting of the European Central Bank on monetary policy matters, the euro fell to the $1.3920 mark, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo. This morning the euro was trading at $1.3980, but forecasts on its developments are difficult, as Europe today has been left virtually alone on the forex market (see FX forecast for July 2). [EUR/MDL] At the Moldovan currency exchange facilities the euro will drop significantly in asking price, and to a lesser extent in bid price: 15.55 – 15.60 lei (ask) and 15,78 – 15,85 (bid). [USD/MDL] The equilibrium set for the US dollar both in the interbank and cash market is around 11.24/25 lei. The rates remain unchanged: 11.17 – 11.20 lei (bid) and 11.26 – 11.30 lei (ask). For further details visit www.fb.md

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