AFT Euro-American debt crisis is still finished lower

 Page 1: Euro British Pound Page 2: Japanese yen and gold
inquiry Contributing

time on Friday morning a few days ago, the market continued the trend of European currencies continue to be ascribed to both the euro zone published The CPI and PPI data in the United Kingdom is stronger than expected, also contributed to the rise in European currencies, but then the euro zone's trade deficit unexpectedly account data, together with Fitch on Friday to Greece's sovereign credit rating cut to junk status and outlook is negative, while the People's Bank of China announced that starting January 20 will be raised bank deposit reserve ratio by 0.5 percentage points. Suppress the European currencies fell from a high level, showing a trend of finished lower, while the dollar remain low throughout the day oscillation pattern, data released Friday, U.S. Central mixed well, exacerbating the dollar's oscillation. Last week Greece, Portugal, Spain and Italy have successfully issued bonds, the euro zone to smooth out the peak in 2011, financing the first time, the market worries about the debt crisis in Europe has been reduced. However, the International Monetary Fund (IMF), that the relevant agencies, including the euro area member states still rising financing costs, lack of growth momentum in the euro zone economy, banking liquidity has not eased tensions, the European debt crisis is yet to end, the market for Portugal and other countries need to seek relief concerns remain. EU leaders will hold a meeting today, pay close attention to the debt problem and the expansion of the European medium-term solutions to the latest financial stability institutions, once the results expected, European currencies is expected to extend gains last week, on the contrary, European currencies rally will be temporarily a paragraph.

EUR / USD:

early Friday, the euro zone CPI data released over the central bank's accidental release of trade account deficit, while the Greek Fitch sovereign credit rating lowered to junk status, and outlook is negative, and once again China's central bank raised the deposit reserve ratio, to suppress the exchange rate had fallen from a high at night is not good or bad U.S. data released First, the dollar late in a volatile day on the lead to close a small Yang Xian, technically Friday morning continuation of the exchange rate two days before the rally even higher, the high point in December on the red resistance failed and fell, showing the exchange rate is V reverse trend, reversing earlier declines, after exchange rate adjustment is expected to rise further after the possibility of consolidation today's exchange rate should be the main oscillation, Upside 1.3400/1.3460, below 1.3300 support.


EUR / USD DAILY


GBP / USD:

Friday, December Producer Price Index for the UK higher expected, higher than expected data to enhance the Bank of England rate hikes expected, which provide support for the exchange rate to promote the exchange rate higher, the maximum rose to 1.5890, but then the euro zone's trade account deficit, Fitch Ratings cut Greece and China once again raised the deposit reserve ratio rise news of the exchange rate is limited, the small day to close at Yang Xian, technically dollar on Friday after rising the previous two days was strong after the oscillation pattern, the top by the December high resistance, is expected by today's exchange rate Upside or will continue to maintain oscillation, the bottom support 1.5815/1.5785 today, above 1.5910 resistance.