Friday (15th) New York, although the United States economic data show strong, but the Fed's Evans doves freedom of expression to suppress, the dollar index fell again, and closed at 74.68 near the front line. EUR/USD received low, Moody's lowered Ireland ratings, depress the euro to go down. Dollar/Yen received modestly lower, because United States core CPI growth lower than expected Federal Reserve interest rate hike in sight. AUD/USD received high crude oil price up to 109 dollars/barrel, gold breaking record highs again promoted in the period.
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G20 look prevention crisis plan research economic recovery face of risk euro and dollars Lee difference or expanded RMB exchange rate insurance keep 6.53 mark concerns debt problem deterioration euro disk in the diving Singapore gold tube Council again tightened currency policy Europe debt crisis will by control Euro heavy picker rally dollars fell configuration dollars assets in the Nick of time [RMB premium][market Center]United States Chicago joint storage (Chicago Fed) President Evans (Charles Evans) Friday said Because is not yet implemented inflation and employment targets, the Fed needs to maintain its loose monetary policy, however, monetary policy alone will not ensure that the United States economic and financial stability.
of the Federal Reserve during the financial crisis has launched a large-scale rescue measures to help the United States economy out of the impact of the crisis, at the end of 08 level of short-term interest rates to nearly zero, and purchased some $ 2 trillion of bonds.
fed officials recent comments show that increased pressure within the Federal Reserve to tighten monetary policy, while inflation remained below the target level of fed 2% 8.8%, and the unemployment rate is high.
Evans QE2 is expected to be carried out as planned. He said that when the QE2 was introduced last year, when the Federal Reserve, he believes that there is a possibility of the Fed could expand the scale of the QE2, but the United States economy's strong performance changed his views. Evans noted that the 600 billion has been fairly fit and QE2 were expected to end in June.
Evans believes that as long as unemployment rates remain high, inflation rates will be difficult to achieve longer-term price levels of kinetic energy can be changed.
Evans think the rise in commodity prices is the result of supply shocks and demand growth, and may only be temporary. He also said: "I can't say monetary policy-driven commodity prices going up, to remind those who blame the Fed's foreign leaders: as important as their monetary policy stance and the Central Bank's monetary policy. "
€/us $
received low euro/US dollar Friday, because of United States economic data generally good, good dollars, while Moody's lowered Ireland ratings, also depressing the euro to go down.
the University of Michigan (Reuters/University of Michigan) Friday (15th) published reports show that in April United States consumer confidence index rose to 69.6 per cent in March from and higher than expected by economists 68.5, mainly due to consumer concerns about higher oil prices affect economic growth have decreased slightly.
the New York Fed April manufacturing index increased from 21.7, and per cent in March, after reading economists expected the index to 17. The New York Fed April manufacturing index to a year to a maximum speed of growth, this implies that the New York area activities will continue to drive economic expansion of the factory.
in addition, Moody's Investors Service (Moody"s Investors Service) announced that Ireland ratings from "Baa1" lowered to "Baa3", prospects for " negative ". The message was suppressing the euro/dollar fell.
the EUR/USD window open in 1.446 level in New York, in early trading, exchange rate dip recovery plate refreshed Daily low level 1.4389. Midday sessions, exchange rate down steadily, near the end at 1.442 level.
, analysts said euro/dollar fell to near the 10th of equal-string, if the exchange rate fell below 1.435 level, then the callback target will point to the 1.423 levels. If the exchange rate exceeded 1.452 levels, the target will point to the 1.47 level upward.
GBP/USD
GBP/USD on Friday a small collection of low, despite the United Kingdom member of the Central Bank made tough remarks sumdex, but Moody's lowered Ireland rating crackdown on market risk sentiment, drag down the pound lower.
Moody (Moody"s) to lower Ireland sovereign ratings, concerns about European debt problems emotions heat up in the market were offset by YEUNG SumEffect of Theis tough statements.
United Kingdom Bank (BOE) monetary policy Committee (MPC) member of sumdex (Andrew Sentance) that the United Kingdom inflation slowdown is temporary. Weak pound or pushed it above the 5%, thereby improving United Kingdom central banks need to raise rates.
GBP/USD New York period 1.635, early period, lower exchange rate turbulence. Midday sessions, exchange rate dip recovery plate refreshed Daily low 1.6288, near the end at 1.632 level.
, analysts said near the GBP/USD fell to 10th of equal-string, if the exchange rate fell below 1.616, near the callback target will point to the level of 1.598. If the exchange rate exceeded 1.635 levels, the target will point to rebound 1.649 level.
USD/Yen
small charge low dollar/Yen Friday, because of United States core CPI growth lower than expected.
United States Department of Labor (DOL) data showed Friday, United States after the March quarter adjusted core consumer price index (CPI) monthly rate increase 0.1%, expected by 0.2% March core CPI annual rate increase of 1.2%, expected by 1.2%.
at the same time, Federal Reserve of Chicago (Chicago Fed) Chairman Evans (Charles Evans) that are not yet implemented inflation and employment targets, the Federal Reserve (Fed) needs to maintain its easy monetary policy.
in addition, Japan Vice President of the Institute of Atomic Energy zetianlong pointed out that to was the first nuclear power plant by Fukushima nuclear fuel into a stable state, no longer releasing radioactive material, the earliest to 2-3 months.
period opened in 83.16 dollar/Yen New York, morning sessions, slight currency declines. By midday, the exchange value of greenback, near the end at 83.1 level.
, analysts said dollar/Yen fell to 21st averages around, if the exchange rate fell below levels of 82.2, the callback target will point to the level of 80.9. If Exchange rate exceeded 84.5 levels rebound goal will point to the level of 85.9.
$ AUD/
received high Australian dollar/US dollar Friday, the exchange rate is not under the influence of China's CPI data, and the United States risk preference of economic data boosted sentiment, positive rising Australian dollar.
, analysts said United States core inflation lower than expected in March, remains within the target range for the Federal Reserve, for the fed to continue to provide a basis for implementation of liberal policies, initial values in the University of Michigan consumer confidence index rose to 69.6 from 67.5, higher than the expected value of 69, such as industrial output and the New York Fed manufacturing index is also higher than expected. US stocks charge higher display warmer emotional risk appetite, oil and gold prices were strong.
$ AUD/window open at 1.52 levels in New York, as US stocks rose, exchange rate rose slightly to increasing 1.055, and ultimately close at highs.
Analyst expects Australian dollar/US dollar resistance level in 1.058.
