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Foreign exchange transactions - the exchange rate is the swine flu hit in Mexico
Author: admin   Add date: 05/01/2009   Publishing date: 05/01/2009   Hits: 11
Dollar, the lowest point Monday in a month the U.S. dollar against the yen worries spread of swine flu, from Mexico to the perception of investors to hedge currency such as yen and Swiss franc. Crude oil also pushed down to 50 U.S. dollars a barrel, investors worried that a global influenza pandemic, you can make the world economy another knock on the door. Economic News U.S. - swine flu, so that downward pressure on the dollar and Tourism U.S. seem to have lost on all the major currencies last week near the end of the corresponding transactions. Fell to 1-week low, and its rival, the euro fell to 1.3300 pairs, 1.4750 against the pound sterling and the yen last Friday 96.65 pairs. Clearly a number of news events, rather than related to economic fundamentals, the impact of the dollar value of last week. Ecuador claimed that they will continue to use the U.S. dollar as its currency exchange rate of a moderate level of support from the southern hemisphere, President Obama may not be unrelated to the recent meeting with the leaders of South America. In other news, worried that the recent outbreak of swine flu, a significant weakening of the U.S. dollar as investors speculated that the U.S. will drop the tourism industry in the coming months, as a result, and therefore out of the exchange rate in exchange for a safe haven. In addition, in the latest round of preparatory meetings of the G7 and the International Monetary Fund meeting will be a slight positive spin on the world market of ideas and a balanced investment portfolio. This lent weight pull money away from the concept of U.S. dollars. The good news is that the dollar has begun a comprehensive amendment in today's early trading, the dollar as a result of some good news events. Recently announced that Chrysler, the U.S. car giant, has been declared bankrupt may not need to restore some confidence, the U.S. currency. Newsweek magazine is about to light is also prepared to take a seat in U.S. dollars at the bench for the next day. Not driving their own market, the dollar more vulnerable to world trends, so may the mercy of the euro and the Japanese yen this week. There are a number of potentially damaging report on the dollar may rebound towards 1.3000 pairs of the euro against the yen and 97.50 U.S. dollars in the next few days. The euro - the euro is, after purchasing managers index and Germany to provide amazing results Power up the majority of the euro currency last week, the competitors. High hit a week, corresponding to most of its currency, the euro rose above 1.3300 against the dollar, close to 0.9100 against the pound sterling. The question is whether the 16-nation currency can hold these advances in the next week. Astonishing news emerged in the euro area, European Union (EU) put forward the idea of the attitude toward Iceland's accession to the European Union. National bankruptcy, the past year, the Small Island States has been trying to catch up. Economic news, the surprisingly high number of euro area index have a strong regional economy driven by the euro at the end of trading last week; the euro will increase the bullish run. Support this positive momentum is in addition to the news, the German IFO business sentiment report shows that the euro area in fact may have bottomed out and began a steady recovery. News and moderate the euro a week ago, we might see the recent strength to continue, as long as the economic fundamentals to produce better results than expected, they last week. However, this is optimistic at the end of high growth in the last week, may be revised downward as the economy hit its bottom sunk in. While a good signal that the euro zone is beginning to recover. In a very long way to go, it may hinder the movement of the bull market. Dealers may have to find a downward revision of the euro this week. JPY - Japanese Yen is set to reverse the recent rise Japanese Yen is the whole itself, this week, a steady rise for most competitors, especially the U.S.. However, since the Nikkei Index closed down, the beginning of this week, the yen may have been the end of hedge operations suddenly this morning. Increasing 96.65 U.S. dollars and 127.50 pairs of the euro, the yen can now see a correction of the imminent, due to poor stock performance and the dollar was trading session. With the recent outbreak of swine flu panic in the United States, to buy the yen against the U.S. dollar as an alternative tourism haven in the United States is expected to decline. However, the yen seems to reduce the recent increase, showing that a lack of confidence in the stock market, Japan's currency. Dealers may be devalued against the Japanese yen currency for most of the competitors throughout the next few days, especially the heavy yen Newsweek may illuminate the inherent weaknesses of island economies. Oil - OPEC is planning further cuts Failed to break resistance by 52 U.S. dollars a barrel last week, crude oil prices seem to come back. Recent press releases from various members of the oil ministers of the Organization of Petroleum Exporting countries (OPEC) has pointed out that the latest price volatility has been damage to the oil industry's future. This instability can see the price fluctuations in the past 8 months can cause irreparable Holocaust industry, the need for a large number of foreign investment. There is no clear data on the current level of supply and demand in the world energy supply, organizations, such as the OPEC did not go, but the recent price levels. If oil prices do not find strong support in the next few weeks, OPEC may be forced to call for further cuts in order to enhance the level of prices where the investment has become feasible. If oil prices continue there, this move may be easier. Traders pay close attention to the need for stronger statement, such as those by the OPEC members, because it may signal a further shift production, and is likely to increase in value of crude oil. Dynamic EUR / USD Slow Stochastic and Relative Strength Index on-line maps to show the bad to maintain the current correction. There is a very accurate bearish channel forming hours Fig. In addition to all the indicators point to 4 hours down the chart. Short may be the right choice today GBP / USD After experiencing a mild bullish correction on Thursday, the cable has been fully recovered from the general bearish trend. Its relative strength index in the 4-hour chart is currently floating in the 50 line, indicating that there are still short more momentum in the steam. Short seems to be desirable. USD / JPY Sharp bearish move that occurred in the past few days there seems to be more in the steam. Its relative strength index 40 per hour over the above chart, indicating the possible further decline. Put the slow movement of the day-to-day also supported the concept of random. May be the next target 96.20 USD / CHF Two floating in a wide range of day-to-day charts, the title seems to be in the moment. Slow random graph moderate bullish 4 hours, while the Relative Strength Index confirmed that the momentum is good. It appears that the long-term may be close to stop the right strategy today Wildcard Oil The momentum has been created in violation of yesterday put at the bottom of the channel through the increasingly powerful-hour chart. 4-hour chart of the concept of a strong support, as well as air, to create a good opportunity to participate in foreign exchange transactions.
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