due to the recent Greece debt problem is renewed, together with Mr Trichet, ECB hints will not raise interest rates this month, the euro against the dollar all the way down, commodity money has a callback. Massive rally of the dollar homeopathy, long on the dollar as the market in the near future.
$ flip is also a callback to be watching
massive rally of the dollar last week, close to important technical resistance level of 75.5. People in the industry to judge, judging from the present market trend, long on the dollar will become the mainstream view in the market for a certain period.
recommended reading
Greece prospects douzeng variables euro downward risk or increased IMF variable array suspicion RMB exchange rate current underestimated insufficient 2% eurozone April inflation rate create 30 months high euro continued fell prospects difficult material IMF are power vacuum parties rivalry took over as who United States borrowing ceiling of race increasingly intense national day Xin months site revealing three quarter layout opportunity Bank of China (601,988 , Unit 's) Exchange analyst said, prompted dollars heavily rebound of factors has three: a is United States of crude oil inventory and gasoline inventory substantially increased, led entire commodity market collective diving, commodity currency with of fell, end has short of rebound momentum, dollars homeopathy occupy favourable location; second is Europe debt problem continued warming, Europe Department currency decline obvious, fired market short Europe Department currency, market reduced has on dollars and other currency Lee difference of concern, dollars bear of pressure sudden reduction and from benefit; three is market Shang profit back spit wishes strongly, early non-US currency and commodity market Shang excessive speculation, non-US currency and commodity are appears a wheel larger of non-rational rose, market appears amendment.
able consulting researcher Chen Gong said, rise of the dollar index is underpinned by the lack of Federal Reserve interest rate seems to be just like a master hand ' s first small display of bounce, rather than completely reversed. Bottom reverse the dollar's recent rally was also is a local callback until judgement quantitative easing after the end of June, investors can then be focused. But it is not to be ignored, after the end of the second round of quantitative easing, if United States economic situation continues to present state of rising inflation and unemployment rates fall slowly, withdrawing from loose monetary policies of the Federal Reserve, starting interest rate cycles.
from the graphic point of view of technology, dollar index, in the vicinity of 75.37 experiencing strong technical resistance, once beyond the $ 75.5 mean the rebound in the short term is difficult to end, the next step will be to see in the 78-79 range.
interest rate hike expected weakening Australian dollar strong are no longer
employment fell, lead to significant Australian dollars last week demoted. Australia far-worse-than-expected April employment, statistics show reduced 22,100 persons, full-time jobs were lost 49,000 people, unemployment rate remains at 4.9% unchanged. After the publication of data, the market for June Australia's central bank interest rates are also expected to greatly weaken, near the Australian dollars in high risk sentiment dropped to 1.06 in. On Thursday, China's Central Bank announced on May 18 regulated financial institutions deposit reserve rate 0.5% again, making slight Australian dollar continues to fall.
traders expected employment data apparently to add variables to the Australian economy to an extent, Australian dollar a further downside risks, Australian dollar support level against the dollar in 1.0537, resistance in 1.077. Recommends that investors in the Australian experience after this callback, the appropriate select opening long, but you should stop and guard against risk. (Hot)
