So, before the publication of key release of week - data on the US trade balance for September, and also promulgation of the decision of Bank of England about interest rates, the basic currency pairs trade in earlier planned ranges.

Analysts paid attention only to positive reaction from the American currency on the message about resignation of the US Minister of Defense Donald Ramsfeld.

Thus expectation of today's increase of a level of the basic interest rate by Bank of England, and also last data testifying to a gradual rise in housing prices in Great Britain lead to growth of a rate of the British pound. And it, in turn, supports a rate of other European currencies against the dollar.

Let's remind that results of the meeting of Monetary Policy Committee of Bank of England will be known at 12:00 GMT.

On the other hand, a rate of the American currency is stable due to yesterday's data on stocks of oil and mineral oil. We remind that, according to the Department of Energy of the USA for a week, ended on November, 3rd, the American stocks of commercial crude oil increased 0.4 million barrels in comparison with the last week.

Thus the volume of the American crude oil stocks of 334.7 million barrels remain much more than the top border of an average range during this season.

Material stocks of petroleum decreased 0.6 million barrels last week, and are near the top border of an average range. Stocks of distillates were down 2.7 million barrels.

However, as we noticed more than once that the basic players do not hurry up with opening of new trading positions before the publication of the whole series of the important economic statistics in the USA.

So, today at 13:30 GMT there will be published:

- Jobless claims in the USA for a week on 04.11. The forecast is 310 thousand, and the previous value was 327 thousand;

- Trade balance of the USA for September. The forecast is -65.0 billion dollars, and the previous value was -69.9 billion dollars;

- Import price index in the USA for October. The previous value -2.1 %;

- Export price index in the USA for October. The previous value -0.5 %.

Later, at 15:00 GMT inventories index in the USA for September will be published. The forecast is +0.5 %, and the previous value was +1.1 %.

Taking into account importance of today's data, we recommend while to adhere to former recommendations, keeping thus earlier opened sales of dollar/franc and dollar/canadian rates, accordingly at levels 1.2520 and 1.1330. Protective stop at earlier mentioned levels should also be kept.