Proves dollar against major currencies after the Christmas holiday

Proved the U.S. dollar against major currencies after the Christmas break on Wednesday, but rose to the highest level in 20 months against the yen amid expectations for a more aggressive monetary incentives from the Bank of Japan after obtaining the approval of the appointment of Shinzo Abe became prime minister.
It is expected to remain quiet as trade closes many investors trade their portfolios before the end of the year, reducing liquidity in the market and increased volatility.
During U.S. morning trade, the dollar rose against the yen, with USD / JPY d by 0.6% to trade at 84.38, the strongest rate since April 2011.
Was officially approved Shinzo Abe as Japan’s prime minister by the House of Representatives earlier in the day.
Abe recently called for unlimited ease by the Bank of Japan to weaken the local currency and spur growth in the economy, which is suffering from the recession.
In addition, meeting minutes showed the Bank of Japan in the development of policies for the month of November that some members of the Monetary Policy Committee said that the measures should be amended to weaken the yen in the foreign exchange market.
At the same time, the dollar fell against the euro and the pound, with EUR / USD gaining 0.07% to hit 1.3202 and GBP / USD falling 0.11% to hit 1.6138.
Financial markets remained in Europe, London closed for the Christmas holiday, which led to a decline in trade volume.
Dollar also fell against the Swiss franc, with USD / CHF shedding 0.07% to hit 0.9147.
Elsewhere, the U.S. dollar rose against its Canadian, Australian and New Zealand counterparts, with the rise in the dollar / CAD shedding 0.11% to hit 0.9924 and USD / CHF rose 0.03% to hit 1.0360 and NZD / USD gaining 0.67% to hit 0.8169.
The markets remained in Australia and New Zealand were closed for Boxing Day.
The dollar index, which tracks the performance of the greenback versus a basket of six other major currencies, apartment to trade at 79.74.
Market participants remained watching developments surrounding the financial crisis in the United States, which nearly $ 600 billion of tax increases and spending cuts automatic due to come into force on January 1.
The White House said that President Barack Obama, on vacation in Hawaii, and plans to return to Washington on Thursday to participate in talks to avert the crisis before the deadline at the end of the year, on Tuesday evening.
Scheduled to return the Congress also to work on Thursday.
Without an agreement, the United States can be traced back to the recession and the withdrawal of a large portion of the world down with it.
It is expected that trading volume remains light because of the closure of many investors their profits before the end of the year, reducing liquidity in the market and increased volatility.
It is expected to remain light because investors sizes of many books for the closed lock in profits before the end of the year, reducing liquidity in the market and increased volatility.

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