performance of the new year for the dollar Austin Seibert Browns Jersey , the market is still have more expected.
By the European currency at the end of the debt crisis and the quantitative easing policy, the Fed is about, but that the present debt crisis in Europe is still a hot topic, especially in early 2011 the euro area peripheral countries have a small issue bonds climax. Analysts pointed out that the euro zone and the external state debt concerns the actual debt outstanding, which will again return to the reality that the euro, the euro was lower against the dollar is still preferred.
Net foreign exchange analyst at the Asian chapter of David, told reporters that the new year Sheldrick Redwine Browns Jersey , the factors that affect the U.S. dollar in the following areas, namely, whether the debt crisis in Europe fermentation, excessive tightening euro-zone countries will drag on the pace of economic recovery, U.S. secondary effects of loose monetary policy, national inflation expectations, China's economic growth mode shifts.
He stressed that Europe will not create a real crisis Sione Takitaki Browns Jersey , debt crisis, because no one has to dissolve the euro area can not afford the economic and political costs. He believes that the understanding of the debt crisis in Europe, in fact, is to predict whether the debt crisis in Europe will affect the cost of financing the euro area and thus a drag on economic recovery.
He expects the euro-zone countries over the next year's policy tightening will appear side-effects, the most direct consequence of being dragged down the pace of economic recovery; and then compare the case of euro-zone countries and the United States, the United States has implemented quantitative easing policy twice before, the difference in for different goals Greedy Williams Browns Jersey , the first rescue for the financial industry, while the second is for the entity, the purpose is to solve unemployment problems, so, for the second time in 2011, easing the effect of outlook is optimistic.
Well, at least you can see from the above that compared the effects of policies than the U.S. debt crisis in Europe should be more positive. In addition David Njoku Browns Jersey , the interests of all countries in the euro area is different because it will be the formulation of economic policy is relatively conservative, the United States without the threat of inflation in the near future, giving the Federal Reserve and the U.S. government's economic policy has considerable scope, therefore, the future American economy will be higher than the euro zone recovery.
David Zhang said that China's growth model will drive change in the Asia-Pacific countries and emerging economies, the currency appreciation, the U.S. international trade deficit will be reduced. So from the above point of view Myles Garrett Browns Jersey , the prospects for 2011 dollars, or worth the wait, the dollar index will trend upward shock in the target located in the 88.
But the optimistic view is not the only voice. British Dai Sheng Shanghai office, told reporters that foreign exchange analyst at Dunlavy, continued slow recovery in the global economy in the context of risk appetite will lead the market trend, while hedge funds will be gradually withdrawn from the U.S. bond market to into the stock market or high-yield market, thus selling the dollar Nick Chubb Browns Jersey , while the U.S. fiscal deficit may also make the world's leading rating agencies lowered the credit rating of the sovereign United States, United States seeks to accelerate outflows of foreign investment and development.
Recent concern: December nonfarm payrolls
Friday will be published in December last year, the U.S. non-farm employment data is the focus of immediate currency.
U.S. economic recovery prospects for the dollar is also crucial. According to foreign media survey, economists expect U.S. payrolls in December last year, is expected to increase the third consecutive month, making the U.S. non-farm employment growth in the year to 100 million. The value of the survey showed U.S. payrolls in December last year, may be an increase of 14 million Denzel Ward Browns Jersey , the unemployment rate will fall from 9.8% to 9.7%.
China Merchants Bank's annual Outlook report issued by that in the quantitative easing, to extend tax cuts