The euro rises in price expecting the plan of support of EU countries by G20
The euro has risen in price to 1,4189 dollars for euro from 1,4188 dollars for euro. To a currency package of six currencies of the countries which are the basic trading partners of the USA the dollar has fallen by 0,16 % to 74,93 points.
According to decisions of EU leaders , Greece can receive 100 billion euro within the limits of the second package of the financial help, the European fund of financial stability will be increased to 1 trillion euro, and regional banks should raise the level of the key capital to 9 %.
The article in the Financial Times which informed about the possibility of China participation in formation of funds of the European fund of financial stability influenced the financial trends. The volume of investments may be 100 billion euro. During the auctions the dollar becomes cheaper not only to euro, but also to yen.
The Japan authorities hasn’t taken yet measuresto undertake currency intervention that allows country currency to continue to become stronger. The macroeconomic statistics from the USA will elucidate the futher situation.