constitutes a downward pressure on the eur

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Beauty means and rebound space, African-American monetary trends differentiation

The author remit 2011-03-24 28:367-371. Constant financial

Beauty means and rebound space, African-American monetary trends differentiation

(March 24, 2011 comments currencies)

 

Because of fears in the Portuguese parliament refused to ratify the government expenditure, the country will be required after plan, the euro/dollar rescue on Wednesday (March 23 weakening sharply.) All current market to focus this week at the eu summit is scheduled, but analysts pointed out, European Union leaders in six months ago is unlikely to how to strengthen the eurozone rescue fund make a decision and that make market confidence may prolong the region frustrated by the debt crisis, which constitutes everyone a downward pressure on the euro continued.

Portugal's parliament Wednesday vetoed government proposed the new fiscal tightening plans, Portuguese prime minister Jose Socrates (Socrates) then his resignation, this makes the Portuguese government prospects facing uncertainty. Analysts had warned that if Socrates to resign, may make the Portuguese accept international help pressure significant increase.

Portugal's euro zone finance most difficult member states. So analysts worry that Portugal could trigger vetoed contractionary program bond investors discontent, thus pushing the Portuguese bond yields surged to a difficult at a high level.

Due to the bank of England (BOE) Wednesday (March 23 March re-debate released to market interest meeting minutes, at the same time, Britain was disappointed in the two years of government cuts its economic growth expected, since more than a year to $GBP/high back sharply.

Recently, including Japan earthquake, Libya situation led to such factors as the prices are high, make Britain the already weak economy further has been overshadowed, the inflation situation is very severe. The bank of England therefore into a dilemma. If inflation rates, the British economic recovery will face threats, and if continue to maintain looser monetary policy, inflationary or will further developing.

British chancellor Osborne (George Osborne) statements to congress on Wednesday fiscal 2011/12 budget announced cuts Britain 2011 economic growth is expected to 1.7%, previously expected was 2.1%; Will also British 2012 economic growth expectations down to 2.5%, previously expected as a 2.6%.

The bank of England meeting minutes released Wednesday showed, monetary policy committee (MPC) to six votes to three votes resolution maintain interest rates unchanged, think medium-term economic prospects no significant change. Among them, the two MPC members will and dell support rates by 25 basis points, while still support, sentai raised interest rates by 50 basis points. Meanwhile, the MPC eight-to-one vote to maintain quantitative loose scale in 2,000 million pounds is changeless, Simpson continues to support extending quantitative loose scale to 2500 billion pounds.

It is worth noting, the meeting records show that, although the central bank said the past one month to the medium-term inflation outlook for downlink risk balance roughly did not change significantly, but the next few months that British member of the possibility of inflation breakthrough cholesterol by 5.0% compared is very great, but at present judgment economy since the end of the extent of the rebound accidental atrophy how strong, still premature. The central bank also said that most MPC member, the possibility of recent months increased interest rates.

From a technical perspective, the dollar index figure since the day before yesterday K line at the bottom of the open stage instead of the signal, market since the rebound. Weak Yesterday date K moncles to show line accept out Yang pole. At present the K line from 1 hour to see, technical index RSI has super buy. Prices are expected to ease somewhat in the morning. But the depth of the market fell is not high. After the completion of the technical index adjustment, market will still 76.00 first rush on again pressure position. Beauty means and rebound space, African-American monetary trends differentiation. Commodity money, $K line yesterday, and receive a Yang stem the euro and sterling, accept the Yin stem adjustments.

 

 

The euro against the dollar: Europe debt issues are again, prices will continue to fall back

 

Because of fears in the Portuguese parliament refused to ratify the government expenditure,plate-size the country will be required after plan, the euro/dollar rescue on Wednesday (March 23 weakening sharply.) All current market to focus the eu summit scheduled for beginning Thursday, analysts pointed out, European Union leaders in six months ago is unlikely to how to strengthen the eurozone rescue fund make a decision and that make market confidence may prolong the region frustrated by the debt crisis, which constitutes a downward pressure on the euro continued. Portugal's parliament Wednesday vetoed government proposed the new fiscal tightening plans, Portuguese prime minister Jose Socrates (Socrates) then his resignation, this makes the Portuguese government prospects facing uncertainty. Analysts had warned that if Socrates to resign, may make the Portuguese accept international help pressure significant increase. Portugal's euro zone finance most difficult member states. So analysts worry that Portugal could trigger vetoed contractionary program bond investors discontent, thus pushing the Portuguese bond yields