adridado
03-22-2005, 04:14 AM
The dollar pushed over the 105.0 amount on Monday, peaking near 105.45, but has been unable to hold those profits and settled near to 105.0 in ancient Europe on Tuesday.
Dollar opinion has improved for today and there'll be an important concentrate on interest rate differentials. Even a Fed interest rate rise now, combined with a warning within a rate of increases during the months, could bolster the benefit in yield conditions of the dollar. This would provide some support though there'll be a risk of volatility following the conclusion if is a response in the bond industry. The dollar will probably be exposed to some correction poorer if the Fed indies a position that is quantified.
Official reports within a Chinese yuan encouraged the yen. There were reports that the Chinese government could enable a gradual widening of the yuan ring to 0.6-1.0% and switch to some trade-weighted basket. A move's speculation will provide some background assistance .
Hong Kong's financial authority's head cautioned against a quick build up of Euro resources since this might destabilise markets. There's still likely to be a movement to purchase the Euro on some corrections that are substantial poorer and this will limit the potential for buck rallies.
Analysis provided by http://www.investica.co.uk
Dollar opinion has improved for today and there'll be an important concentrate on interest rate differentials. Even a Fed interest rate rise now, combined with a warning within a rate of increases during the months, could bolster the benefit in yield conditions of the dollar. This would provide some support though there'll be a risk of volatility following the conclusion if is a response in the bond industry. The dollar will probably be exposed to some correction poorer if the Fed indies a position that is quantified.
Official reports within a Chinese yuan encouraged the yen. There were reports that the Chinese government could enable a gradual widening of the yuan ring to 0.6-1.0% and switch to some trade-weighted basket. A move's speculation will provide some background assistance .
Hong Kong's financial authority's head cautioned against a quick build up of Euro resources since this might destabilise markets. There's still likely to be a movement to purchase the Euro on some corrections that are substantial poorer and this will limit the potential for buck rallies.
Analysis provided by http://www.investica.co.uk