On March 5, 2008, the US dollar made a slight revolt against different currencies because foreign currency managers were already positioning positions on release of various US economic data. Tomorrow, Euros was higher than US $ 1.5250, but it used to be short, because investors do not have a full-fledged picture of the US economy health and it can not be expected that the interest rate will be reduced by the feed or no. The next meeting on March 18 will evaluate both the expected data and available corporate information, the reduction in feed rate.
Some analysts believe that if the financial crisis, which has begun last year, results in some major factors of corporate activity, the US dollar may soon be under pressure.
On Thursday, March 6, 2008, European Central Banks will be re-opened to decide on interest rates. At the ECB press conference, some analysts will consider any indication that the ECB will intervene in the market to reduce the rate of euro, which has affected exports from the european zone.