recent United States published a series of economic data disappointing, United States economic recovery has gained momentum in the first half of this year decreased significantly, leading to last week, the dollar index fell rapidly. In addition, the Federal Reserve (FED) will end at the end of this month the second quantitative easing (QE2) also let dollar trend has added a greater degree of uncertainty.
$ weak payroll data at the weekend crackdown full down, coupled with the market for fed or take the third round of quantitative easing (QE3) expect sudden warming, analysts fear, fall of the dollar in the short term to launch a new round.
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Greece factors suppressed euro special in thanks remarks tumbled euro over 100 points United States debt default fear impact global economic dollars index or then analysis front low points should play overseas investment solution outside storage high problem Greece Cabinet approved five years crunch financial plan Qiming: shocks city in the how mining Daniel unit however Mainstream media continue to believe that, the fed and not take the QE3. Despite the expected United States economic growth will slow, but surveys show that analysts believe the Fed after the end of the current quantitative easing plan at the end of this month, then implement round of purchased debt only 10% the possibility of stimulating initiatives to support the economy.
the Pacific (601,099, unit) Co-Chief Investment Officer, investment management company " King of bond " gross (Gross) also said that despite the recent United States employment data as expected, the Fed is unlikely to launch a third round of the quantitative easing policy. JPMorgan economist is considered, the Fed once again implementing quantitative easing policy would face political obstacles, the Fed very low possibilities of implementation of the third round of quantitative easing.
note that, while the dollar index May recorded since November last year, one-month maximum gains, but the outcome shows signs, signs United States economy is gradually slowing, probability also fed interest rates lower, encouraging investors to shift funds to higher-yielding assets. Another dealer also bearish dollar, eurozone officials agree to Greece to provide more assistance, and last week Germany Chancellor Angela Merkel said the EU is committed to keeping the euro intact.
on the occasion of QE2 near the exit of the Federal Reserve, the dollar is at a crossroads, US dollar up or down affects the mind.
UBS (UBS) Geoffrey Yu, currency strategist in London, said: " If the United States ended quantitative easing, will be the time investors stopped selling the dollar, however this view of the risk is that the Fed may continue to bond purchase plan, in order to support economic recovery. &Quot;
the US Federal Reserve Chairman Ben Bernanke in Beijing on Wednesday (June 8) made a speech on the International Monetary Conference in Atlanta, the market will closely monitor the published views on the economy. As the speech from the Fed end the QE2 only a few weeks away, investors will pay close attention to any of the Federal Reserve's next policy-related signals.
analysts believe Bernanke may admit that recently, the United States the reality of economic slowdown, but has reservations about the duration of this phenomenon.
analysts and say, as long as investors again the implementation of the Federal Reserve expected to remain in the third round of quantitative easing, medium and long term weakening of the dollar trend is inevitable.
15:40 ', the dollar index 73.75.
