The foreign exchange market update: the euro against the U.S. dollar and Australian dollar against the U.S. dollar to keep buying, after the high point, and then the United States

Author: admin Add date: 05/01/2009 Publishing date: 05/01/2009 Hits: 0

U.S. provides a tone through the Asian trading, to encourage the Australian dollar, the dollar and the euro, the dollar to regain the high point in New York, 0.7156 and 1.3156, respectively, initially failed to break higher. The lack of a strong driving force for the market, but in the afternoon, dealers goal is to stop the dollar, the yen dropped to 97.50 and 97.30 under the successfully triggered a sell-off to 96.99. This also triggered a wave of cross-selling of the yen fell 1.18 percent, Nikkei Index, as well as increased cross-selling. Speculation, the Japanese yen cross-buying, and will be introduced today as the East of the Fund also noted that buying did not occur that contribute to the dollar, the yen and Japanese Yen cross selling. The news of gold prices in the afternoon, China increased its gold reserves. Oil is still 50 U.S. dollars in Asia. Regional markets were mixed with Taiwan and the mainland of the other indices higher, but the selling pressure.

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