Thus, the dollar is supported by economic data and also statements of the American officials. Once again we remind that last series of statistics reduces noticeably probability of decrease in the basic interest rates in the USA till the end of this year.

And the President of Richmond Federal Reserve Bank Laker declared that forecasts increase in rates of growth of a national economy up to the levels corresponding the long-term tendency this year.

Besides Laker noticed that what concerns his much is risk of growth of inflation in the country.

As a result, yesterday on a background of support the euro/dollar rate fell to a mark 1.3435, minimal since April, 12th.

Today it became known that according to the report of minutes of Bank of England Monetary Policy Committee from May, 9-10th the decision to raise repo interest rate by 0.25 % up to a mark of 5.50 % was made unanimously. And it became unexpected for many economists, some Committee members supposed increase by 0.50 %.

Another important release on the European economy was in line with forecasts. The index of factory orders in Europe (13) for March made +2.7 % for a month, +8.0 % for a year, at the forecast of +2.7 % for a month, +8.0 % for a year, and the previous value -0.6 % for a month, +5.1 % for a year.

As a result these events led to significant growth of the pound rate, which supports a rate of euro. We remind that as a result after drop to the next minimum (at 1.3415) the euro shows stability.

But the main event today on which of the majority of market players focus their attention is meeting of Minister of Finance of the USA and the Prime Minister of China which will finish tomorrow.

Let's notice that their final statements will likely influence significantly on situations around a rate of yen.

We recommend, being while outside the market, to be ready for opening of medium term sales of the dollar/franc rate. We expect as well decrease in the dollar/canadian rate.