Despite strong movements on forex on Friday on results of data of the US labor market for September dollar positions did not change practically.

The payrolls in September increased by 110 000, that was above market’s expectation, forecasts of analysts were not above 100 000 for last month. Traders started to buy dollars actively against other basic currencies right after an issue of this news as restoration of the US labor market weakened a little fears about possible recession of economy of the United States. However in the next 2 hours the dollar lost its positions as Unemployment Rate showed growth of the jobless claims in September by 0,1 % up to 4,7 %.

Despite contradictory data on employment in the USA dollar positions strengthened a little as the market now estimates the probability of that FRS rate will be reduced on October, 31st FOMC meeting as 50 to 50. Whereas the last Thursday this probability was 75 %.

On the other hand euro positions slackened  a little after statement  of the Head of Central European bank Jean-Claude Trichet on Monday.

According to Trichet there are signs of improvement of a situation on the financial markets as a whole, however intensity in the monetary markets still exists.

"Our main script consists in that process of correction in the monetary markets will be governed", - Trichet said.

"Nevertheless it is impossible to exclude that this script can be doubtful due to some improbable, but negative events potentially rendering significant influence, - he added. - At the given stage there is no place for complacency".

The market considered these statements of ECB Head as a sign of appeasement of a credit policy. Analysts believe that despite a tough line of ECB government concerning an inflationary background, the further rise in euro against dollar can affect strongly the rates of economic growth because of drop in competitiveness of the European goods, both on the international market and EU home market. And this in its turn can affect ECB decision to decrease the rate that will weaken euro positions reasonably.

As a whole the majority of analysts consider that last strengthening of dollar is only temporary correction. The global component of a trend remains constant - against dollar.

As for last recommendation: news on employment was varied, the payrolls increased, however unemployment rate rose, therefore there were no occasions for entering the market.

While remain outside the market.