Финансовый Английский

Тематика этого выпуска: Валютный рынок

1.Ответы для предыдущего выпуска (можно посмотреть в архиве).

Пропуски: economy, unemployment, retail sales, 3%, figures, 6,000, lay-offs, essential, growing.

Matching: 1.D.  2.K  3.E  4.B  5.L  6.H  7.C  8.I  9.F  10.A  11.J  12. G

2. Новая лексика.                              

FOREX – Foreign Exchange, Foreign Exchange Market	Международный Валютный рынок
Currency pair	Валютная пара
Exchange Rate	Обменный курс
Currency appreciation	Удорожание валюты
Currency depreciation	Удешевление валюты
Trading hours, Trading Session	Торговая сессия

3. Видеофрагмент.

Вставить пропуски. Файл видео здесь. Для просмотра видео необходим Windows Media Player 9.0

Politicians are finally starting to publicly express concerns about the ------ of the dollar against the euro. Germany’s chancellor Gerhard Schroder who is on the visit to the United States says he will raise the issue with president Bush.

In an ------- with the Financial Times, Schroder said the current  --------- ------ is "not satisfactory" as far as the Europeans are ----------.

He said both Europe and the US have a "common responsibility" for the world -------- and suggested the time is right for a euro zone interest rate cut. The French prime minister, Jean-Pierre Raffarin, echoed that call saying the euro-dollar exchange rate is "not in line with economic reality" and this is "not a good situation for the US or Europe."

The ------- of the European Central Bank, Jean-Claude Trichet, now has to ------- whether he opts for a cut at the bank's next rate setting meeting on March 4th. One ------- concern is ------- which is kept low by the current exchange rate. It was at --- in January and is predicted to fall lower this month.

Выражения:

1. To raise the issue – поднять вопрос

2. Euro zone interest rate cut  - сокращение % ставки в евро зоне

3. Echoed that call – повторил этот призыв

4. Not in line with economic reality – не соответствует экономическим реалиям

4. Статья.

Yen Declines For a 3rd Week In 4 On Speculation Japan May Sell Currency

Sept. 18 (Bloomberg) -- The yen fell against the dollar for the third week in four on speculation Japan may resume sales of the currency should the economy's recovery slow. The Japanese government last week cut its estimate for second-quarter growth.

Demand for the yen declined after Zembei Mizoguchi, Japan's top currency official until July, told reporters in Tokyo that the country sold record amounts of yen in the first quarter to prevent the currency's strength from jeopardizing a rebound. Some traders interpreted the comments to mean Japan may be ready to sell its currency.

On the week, the Japanese currency fell 0.2 percent to 109.82 yen per dollar from 109.65, according to EBS, an electronic foreign-exchange trading system. The euro fell 0.6 percent to $1.2186 from $1.2262.

The dollar's biggest gain against both currencies this week came after a U.S. Federal Reserve report Sept. 15 showed New York- area manufacturing surged this month. The currency rose 0.35 percent and 0.84 percent against the yen and euro, respectively, after the report boosted expectations the Fed will raise its target interest rate two times before the end of the year -- including at a meeting next week.

The following day, reports showing a pullback in Philadelphia-area manufacturing and smaller-than-expected rise in consumer prices pushed the dollar down from a one-week high against the euro.

Лексика:

1. For a 3rd Week In 4 – на протяжении 3х недель из 4х

2. Speculation – слухи, предположения

3. Should the economy's recovery slow – в том случае, если экономический рост замедлится

4. Jeopardizing a rebound – подвергать опасность рост экономики

5. According to – по данным

6. Boosted expectations the Fed – усилил ожидания того, что

7. A pullback – откат, падение после роста

 5. Matching. 

1. Exchange Rate	A. Us national currency
2. Pullback	B. The percentage of the people classified as unemployed as compared to the total labor force.
3. Trend	C. The downward reversal of a prolonged upward price trend.
4. Unemployment rate	D. The price of one country's currency expressed in another country's currency.
5. Greenback	E. The general direction of the market.

Ответы в следующем номере.