Tuesday, December 21, 2010
The Fed hinted that it might cut rates to expand.
<P> Although the European Central Bank on Thursday kept interest rates unchanged, but the European Central Bank President Jean-Claude Trichet after the hard-line speech, that inflation is a major concern of the central bank also said the central bank to discuss the need to raise interest rates, coupled with international oil prices .high lead euro zone producer price index for November rose 4.1% chance of ECB interest rate increase; and contrast, the U.S. Federal Reserve Chairman Ben Bernanke said economic pressures increase, suggesting a possible rate cut will be expanded in order to prevent the economy from recession ., the difference of the expected outlook for interest rates pose to the continued support of the euro, coupled with the current market investors are more worried about the U.S. economic problems, capital flows, enabling the euro on Monday, the euro continues to strengthen, again on the break after a short test 1.4880 resistance, the fundamentals on the euro .power still continues to rise, having a good. .</ P> <P>: http://finance. A technical perspective, the euro once again break through 1.4820 resistance short-term, through the technical limitations of the short-term history of the euro rose to 1.4968 high technical power increases, the technical testing highs of the euro .trends; supports 1.4820/1.4750, target 1.4960/1.50. .</ P> <P> Australian dollar gold price increased by the support </ P> <P> Australia is the world's major gold-producing country, following the strong upward momentum of gold, the Australian dollar also received strong support last week, rising to regain .on power and continue to test 0.8980, the relative short-term bullish trend. .Meanwhile, the Australian high interest rates on the market remains attractive, U.S. interest rates short-term trend driven by speculative capital is expected to re-select the Australian dollar, coupled with Reserve Bank of Australia may raise interest rates in February, is expected to remain by the steady increase in Australian power, short-term .support 0.89/0.8830 increased target to see the 0.90/0.9080. .</ P>.
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