Monday, June 11, 2012

the euro/dollar's rally may onlyAttributed to the changes in market focus TERA Gold the euro/dolla

129833943178906250_342Expected euro dollar European debt mess PK easing weaker battle Last week (May 28) for EUR/USD seems to be a trend reversal weeks, a series of odd difference of United States economic data the market focus yingshengsheng turn fed easing is expected from the European debt crisis. However, the market environment is how long this will be a problem. In other words, the euro/dollar's rally may onlyAttributed to the changes in market focus TERA Gold, rather than a fundamental improvement of the situation. In any case, the euro-zone economy and the trend of the financial situation is still not good. Euro and dollar are put on an "supremacy of the weak". On Monday (June 4) by midday in New York, the EUR/USD slightly after experiencing a sustained recovery before stabilising, intraday maximum level of touch 1.2507Week high, is currently basic trading currency for 1.248. United States economic data continues to "remarkable differences" United States Department of Commerce (DOC) on Monday, according to the report the April factory orders unexpectedly fell, for the 2nd consecutive month of decline, becoming United States economic recovery of kinetic energy worrying another support. Also released data showed that United States April factory orders monthly rate dropped 0.6% to 4,659. $ 800 million, and expectations for the month by 0.3%. Data and displays, United States amended March factory orders down for months 2.1%, initial value for 1.5%. In addition, the United States April durable goods orders correction value for the month flat rate, initial value for 0.2%. Factory orders data and on Monday last week, including the non-farm employment reportEconomic data series form a reference SWTOR CD-key, for markets to the Federal Reserve (FED) launched the third round of quantitative easing (QE3) expectations of creating conditions. Survey of overseas famous media announced the expected values are displayed SWTOR Credits, launch QE3 possibilities for 50% in the second half of the Federal Reserve. In addition, the Federal Reserve policy meeting on June 19 to extend its "reverse operations" (OpErationTwist) is the possibility of 35%. The operation is also a way of relaxing the monetary policy. Analyst: EUR/USD "rebound" BNP Paribas (BNPParibas) analysts said on Monday, market risk aversion eased over the weekend, European stocks and the euro gain breathing space. Rise in risk sentiment in the market is due to the EuropeanCentral Bank (ECB) President Delacquis (MarioDraghi) this weekend's European "master plan", the draft proposals will be announced at the end of June. The Bank's analysts point out that, although the EUR/USD close to 1.25, but Spain and Greece crisis continue to be issues of concern in the market. In addition, Germany still maintains its opposition to euro-zone bond together,Unless the "master plan" to achieve and further fiscal consolidation. Barclays Capital (BarclaysCapital), currency strategist at AroopChatterjee, "said euro-zone had become very open discussions on follow-up measures, EUR/USD fell too quickly last week, so we are seeing some signs of rebounding. "Dominion Securities (TDSEcurities) foreign exchange strategy group warned that euro/dollar without alleviating the oversold situation, "action under the potential is still very strong, such a trend brewing is also a sharp rebound in oversold. Euro struggling days of selling pressure, decline to suspension or overnight, however, reversal of the currency but not a conclusion. We expect that the exchange value of resistance1.25, 1.2628 is at the top of the key short-term line of Bull and bear markets. "The Bank's Chief currency strategist GregMoore and said," we suggest that the euro/dollar short on the way up to 1.25. "Beijing 01:01, EUR/USD 1.2477/78. Others:

No comments:

Post a Comment