Greenspan delivered a speech tonight is expected to shake the recent strength of the dollar is difficult.

<p style=text-indent: 2em> <p> </ p> <p style=text-indent: 2em> According to Bloomberg news, Federal Reserve Chairman Alan Greenspan speech on energy tonight will assess the surge in oil prices .case of the U.S. economy, suggesting the Fed may raise interest rates this year will continue. .The United States and Europe and Japan spreads will further expand. .</ P> <p> <p style=text-indent: 2em> analysts said the level of inflation and the Fed to raise interest rates in the "radical" level of the dollar is strong motivation. .</ P> <p> </ p> <p style=text-indent: 2em> </ p> <p style=text-indent: 2em> market against the euro in Asia on Tuesday, rose 7-week highs .dollar against the yen also rose to a new high of 5 months. .Dollar up to $ 1.2815 against the euro, trading at 1.2823 at 1:02 Tokyo time. .Dollar against the yen rose to 108.30 from 108.57 in late New York level, for 5 months to a new high. .Since March 22 the Fed raised the benchmark interest rate, the dollar rose 2.6% against the euro, rose 3.2% against the yen. .</ P> <p style=text-indent: 2em> analysts believe that the U.S. dollar against the euro this week, will rise to $ 1.28, in the coming weeks, the U.S. dollar against the yen will reach 110 yen. .</ P> <p style=text-indent: 2em> a row since the Fed rate hikes since June 7, are 25 basis points increase, the current interest rate is 2.75%. .</ P> <p style=text-indent: 2em> the contrary, the European Commission on Monday to the grounds of high oil prices and relatively strong euro, down euro zone economic growth expected in 2005, from the initial estimate of 2.0% down .to 1.6%. .European Central Bank since 2003 has been to keep interest rates at 2% level, probably in the April 7 meeting to continue to maintain this rate. .</ P> <p style=text-indent: 2em> Bank of Japan has been pursuing since 2001, "zero interest rate" policy, interest rates have been close to 0. .Bank of Japan will hold monetary policy meeting on Tuesday, is expected to remain the Bank of Japan left interest rates unchanged. .Published April 1 in Japan Tankan survey showed confidence of large manufacturers fell to a year low.