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Sunday, May 8, 2011

Greece will leave the eurozone in dollar continue to were boom

Friday the United States April unemployment rate unexpectedly climbed to 9%, while employment increased more than expected sentiment still remain good, but there have been reports in Greece will exit and recovery in the eurozone currency, fears emotions surged euro again wounded, and strong dollar continued to rise. United States media reported in the period, Greece not only need to consider debt restructuring, the Government has possibility of exiting and to restore the national currency of the eurozone. Euro following Thursday by Trichet moderate of Central Bank statement suppressed 後 again sharp fell, of 後 about eurozone finance ministers Beijing time Saturday at two o'clock in the morning in Luxembourg on Greece exit eurozone held emergency meeting of message also was confirmed, previously by United States non-agricultural report support substantially rose of upside also continued back spit rally, commodity price of fell also drag AUD, commodity currency down, dollars due to unemployment accident rose chonggao down 後 again was strong support. Market risk sentiment has gone through all the reversed this week, today Euro figure at the top for five consecutive days after cross star recorded the final collapse, since the pace of increase since the beginning have been disrupted, the market may now need to consider market risk aversion continues to strengthen against the dollar continued to support. Previously Fed President Bernanke in Central Bank meeting 後 continues to let go let dollars devaluation, facts indicates that, in euro rise on eurozone national economic formation challenge 後, Trichet also will make use of an opportunity to do sth suppressed euro, and Greece problem deterioration absolute surprise fed accident, us means by Greece rumors support substantially Shang breaking 20th averages 後 close day figure downward trend line, dollars is has built end rebound still required concern weekend about Greece aspects of message, market emotional is continued downturn help push dollars rebound may remains need concern of focus. (Neal)

recommended reading Japan Japan Central Bank meeting summary of: should consider further provides financial help euro trend double whammy RMB on dollars exchange rate shocks go stability RMB shocks go stability AUD began plunged want more assistance Greece or required pledge base Zhang Tingbin: dollars of "Empire strikes back" euro to out two a structural opportunities [registration] listen to Wen Guoqing taught you copy end opportunity

United States period data and event: United States April non-agricultural employment number changes increased 244,000, unemployment by 8.8% rose to 9% , United States March consumer credit $, Canada April unemployment rate dropped from 7.7% per cent, employment increased 53,800.

in Asian data and event next week: the Central Bank announced April-6 Conference record, Australia April job advertisements monthly rate and annual rate.

United States April non-agricultural employment number substantially increased of while unemployment is accident rose to 9%, euro/dollars in data 後 once down test 1.4456 but with 後 rebound to 1.4573, disk in the market rumors Greece will exit eurozone, euro again continued tumbled test low 1.4314, day figure random index tendencies continues to downward, currency strong decline short-term tendencies links to is located in 1.4267 of 50 daily line and the day figure poly plus channel bottom.

dollars/Yen in United States employment number large increased 後 since 80.3 near sharp rise to 80.94, currency with 後 down but dollars continues to in Greece exit eurozone rumors of support Xia strong rise, currency in closed Qian rebound to 80.6 near, day figure rebound temporarily by limited to continued suppressed currency of 5th averages, day figure random index tried to rebound, if breakthrough the 5th averages resistance further rebounded will concern 10th averages.

pounds in is good or bad varies of United States non-agricultural data 後 is first fell 後 rebound, currency once test 1.6463, despite Greece exit eurozone of rumors suppressed market emotional, but Euro/pounds of substantially fell for currency provides must support, pounds small down test 1.6355 後 in closed Qian again rebound returned to 1.64 near, day figure short-term like has holding stability signs, random index also downward close Super sold level, currency short-term does not excluded finishing of May.

AUD/dollars in non-agricultural data 後 directly since 1.067 document rise test 1.08, upside strong rise over 1% 後 was Greece exit eurozone rumors suppressed back spit most gains, commodity price down Shi AUD and other commodity currency also together amendment to 1.066 near, AUD/dollars day figure temporarily like has completed amendment, but still required concern risk emotional of further changes, rebound preliminary resistance concern 20th averages.