After Friday strong bull movements in favor of the dollar, which were caused by weak data over Germany and France, the balance was established on the market.

The market is consolidated near levels achieved on the eve levels of 1,3350 dollars for euro.

The President of Chicago Federal Bank Michael Moscow whose opinion is so authoritative as well as FRS Chairman opinion, declared that the intense situation which develops on the labor market can supply inflation.

The risks connected with inflation and signs of economical recovery make a level of rates of 5,25 % «meeting current situation», Moscow declared.

Reduction of orders for German industry became last week unexpectedness for the market.

In April growth of orders decreased by 2,3 % compared with March data that are lowest parameters for the last half a year.

On Friday the dollar was also supported by data on the US trade balance. Deficit of trade balance of the USA in April decreased more strongly than was predicted because due to slump of consumption of foreign goods and small growth of export, according to the last data of the US Department of Commerce.

Deficit of foreign trade with goods and services in April was reduced by 6,2 % to 58,50 billion dollars. March data were revised to 62,39 billion dollars whereas earlier it was informed that it achieved 63,89 billion dollars.

According to economists’ forecast deficit should have made 63,0 billion dollars. Export was up 0,2 % to 129,49 billion dollars, and import fell by 1,9 % to 187,98 billion dollars.

As a whole today there are not expected big movements in absence of especially important news while we remain outside the market.