FX forecast for June 17
https://www.ipn.md/index.php/en/fx-forecast-for-june-17-7966_976139.html
[EUR/USD] Statements made yesterday by Russian President Dmitry Medvedev at the BRIC summit, plus the publishing of better than expected economic expectations for the euro zone, pushed the currency pair EUR/USD up to the 1.3920 mark, Financial Brains director PhD Sveatoslav Mihalache has told Info-Prim Neo.
However, anxieties lessened later in the course of the day and the euro came back to quotes in the proximity of the $1.3820 mark.
According to Mihalache, the support level situated at $1.3740 (approx. 15.34 lei) remains unbeaten, but there is a possibility today that it will be challenged again. Only with this level exceeded can we talk about a decrease for the euro, said Mihalache.
[EUR/MDL] The euro will trade today at the Moldovan currency exchange facilities at 15.32 – 15.48 lei (bid) and 15.52 – 15.57 (ask).
[USD/MDL] 11.10 – 11.12 lei (bid) and 11.17 – 11.21 lei (ask).
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