The quotations proceed being at the levels achieved at the beginning of a month.

The mixed data on fundamental news from both Old, and New World do not give players sufficient confidence to determine the direction. 

The oil market keeps putting pressure upon dollar quotations.

On today morning tenders in Singapore oil has reached a record level for the last 4 months of $67 for barrel. Yesterday's translation of records with new threats from Al-Kaida to the USA has strengthened the market’s concern, which is excited by the intense situation in two countries- oil exporters - Iran and Nigeria.

At 6.00 Moscow time light oil rose in price on 21 cents to $67.04 for barrel, having noted earlier a maximum level of $67.11 for almost 4 months. London oil Brent has grown on 16 cents to $65.39. The potential threat of supply deficiency has exceeded positive data of a gain of volume of crude oil and fuel stocks for the last week.

According to EIA oil stocks increased 2,7 million up to 321,4 million barrels on January, 13th. EIA Petroleum stocks increased 2.8 million up to 211.6 million for a week on January, 13^th.

EIA Natural gas stocks -46 billion cubic foots up to 2575 billion cubic foots for a week on January, 13th.

Unemployment data were positive for dollar this week. According to the report of the Employment and Training Administration of the Department of Labor, Initial Jobless Claims data have shown reduction of this market’s indicators. 

Jobless claims decreased to 271.000 for a week ended on January, 14th, 2005, from 307.000 a week earlier, that became a minimum level since April, 2000. Data for the last week have been revised.

It was originally informed about 309.000 claims. Analysts forecasted on the basis of initial data, that the initial jobless claims would increase up to 315.000. The average number of new claims dropped to 299.000 for four weeks by January, 14th from 311.000. On preliminary data, this indicator made 311.500 claims. This indicator has also been the lowest for more than five years.

The total number of jobless in the USA has dipped up to 2.534 million for January, 7th from 2.692 million (earlier it was informed about 2.702 million).

The euro has been sustained by data on Trade balance of Eurozone.

According to yesterday's Eurostat statement proficiency of the budget held good in November, despite some decrease in this indicator.

Proficiency in November was much more below the average monthly proficiency E0.8 billion in the 3 quarter, according to Market News calculations based on revised data. The seasonally weighed trade balance proficiency fell to E2.3 billion in the 3 quarter against E9.7 in the second one. 

According to Eurostat’s second estimation of data for the 3 quarter which were issued the last week, the total seasonably adjusted external balance has made E27.0 billion According to yesterday's data, Import has grown on 16 % y/y, and export on 11 %. From January till November, export rose 7 % y\y and import - 12 % that leads to reduction of proficiency of trade balance.

The quotations proceed to volatile in a narrow currency corridor 1,2000-1,2185 on euro. However dollar positions are still more vulnerable. The nervousness of the oil market connected with a situation in Nigeria and increasing intensity around Iran, and also Ben Laden’s last statements transmitted on Al Djazira telechannel weakens dollar positions.

Technically medium-term uptrend has potential of development. The 3 wave of a trend has not yet realized its potential, not having developed, therefore the postponed Longs have good prospects from a level of 1,2186, with the purposes 1 1,2310 and 2-1,2450.