On Tuesday rates of the basic currencies continued trade in narrow ranges.

Fundamental factors are still favorable to the US currency.

Expectation for Thursday publication of the US trade balance data also influences positively on a dollar exchange rate. It is expected that deficiency of trade balance of the USA to decrease in comparison with the last month.

In its turn the single European currency has grown very little against dollar after the report showed that the investors’ confidence to Germany reached 2-years maximum.

As the economists’ poll showed investors’ confidence to German economy has, probably, grown up to the maximal indictor for almost two years.

The index of business expectations in Germany of the German Center of research of European economy ZEW made up 71.0 for January against 61.6 in December when it reached a peak for more than 12 years. Economists predicted 65.

Value of the index has been much above than the predicted level.

Such data strengthen gamble about runaway economic rise in Europe (12) and, as consequence about ECB interest rate increase.

According to Insee data the industrial production index in France increased on 3.1 % in November after falling on 2.8 % in October.

Growth has surpassed expectations as on the average economists’ forecasts said about 2.5 % of growth for a month, and on 1.3 % year over year.

Insee has informed that data for October have been revised from 2.5 % of decrease to 2.8 %.

The production output in a manufacturing industry, except for foodstuffs and fuel rose on 2.6 % in November after falling on 2.4 % the last month. Economists predicted 2.2 % of growth of this component.

Wholesale inventories in the USA increased on 0.4 %, in November the Department of Commerce informed on Tuesday. This growth is in line with expectations.

Sales dropped on 0.7 % in November for the first time since February and maximally since April, 2003