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Message: [QUOTE="Vistabrokers, post: 77661, member: 32993"] [B]Vista Brokers: Winter Economic Forecast Stimulated Euro to Increase[/B] [IMG]http://i003.radikal.ru/1502/b5/00a8f2a373f6.png[/IMG] Thursday morning began with the reduction of the euro on news that the ECB no longer accept Greek government bonds as collateral that significantly limit the ability of credit for the Greek financial system. Information overwhelmed market participants who only had cheered up after the news of Athens negotiations with international creditors. However, as Vista Brokers analysts say, the euro decline did not last long - the currency returned to growth versus the US dollar after the European Commission has improved its forecast for economic growth in the eurozone. Now the EC considers that in 2015 the GDP of the monetary union will increase by 1.3% against the previous forecast of 1.1%, and in 2016 - by 1.9%. The forecast for unemployment rate has also been reduced from 11.3% to 11.2%. However, there was a negative aspect: the experts expect the inflation to reduce by 0.1% in 2015, and if the forecast is justified, for the euro area this will be the first deflation in its history. However, after the announcement of the European Commission updated forecasts, the euro rose to $ 1.1425 from $ 1.1344 at the close of US trading session on Wednesday. In addition, the euro rose by more than 1% in the pair with the Swiss franc. Analysts report that the Swiss National Bank buys back the single currency to weaken the franc. Among important statistics of the day we can note results of the Bank of England meeting. Asit was expected the British central bank has left interest rates unchanged at -0.5%. Amid this news pound strengthened to a maximum of three weeks against the dollar. [/QUOTE]

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