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Foreign Exchange Market: In 2015, Let'S Start With Dollars.

2015/1/2 10:18:00 9

Foreign Exchange MarketUS DollarEconomic Situation

The market expects the fed to raise interest rates as early as April.

At least until then, the Fed's chances of disappointing investors are relatively small.

With the tightening of monetary policy of the Fed and the easing of most other central banks, the risk of holding the US dollar at the beginning of the year is relatively low.

But as time goes on, will the dollar replay the strong market this year in 2015 is another matter.

Will inflation in the euro area remain at an extremely low level? How can Japan's inflation level fail to reach 2%? The strength of the UK economy may again be concerned by the market. These are uncertainties.

Euro: at the beginning of the week in Sanya, the euro / dollar opened at 1.2155, and the exchange rate was moderate under pressure.

From a technical point of view, the euro / dollar chart of MACD is still in the green kinetic energy column, while the KDJ index is flat.

After the euro reached its 1.2130 target, downside risks continued.

Yen: Wednesday

Asia market

At the beginning of the market, USD / yen opened at 119.44.

Exchange rate

The plate went up moderately.

From a technical point of view, the US dollar / yen daily chart MACD the green kinetic energy column enlargement, the KDJ index turns the head downward.

From the daily chart, the dollar / yen short term has dropped, but the trend is still upward.

Australian Dollar: at the beginning of the week in Sanya, the Australian dollar / dollar opened at 0.8180, and the exchange rate fell sharply.

Technically speaking, the Australian dollar / US dollar daily chart MACD red kinetic energy column enlargement, KDJ index upward.

Daily chart shows the Australian dollar downward.

risk

Keep going. If the low side is over, it may rise again.

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The recent improvement in US data has also reinforced the extent that the US economy has recovered enough to raise the Fed's interest rate, which is widely expected to increase in the middle of 2015.

Investors worried about economic risks such as political turmoil in Greece this week helped to support the demand for safe haven yen, and in the end of the year, the US dollar ended in profit.

The US dollar is still up 13% against the Japanese yen this year.

USD / JPY opened a strong rally in the wake of the announcement of the Japanese central bank's announcement of an expanded monetary stimulus at the end of 10 to prevent inflation expectations from falling.

Teppei Ino, analyst at Bank of Tokyo-Mitsubishi UFJ, MITSUBISHI, Tokyo, said that the overall trend of US dollar / yen in 2015 is likely to increase.

Ino said: "in 2015, if I want to ask the US dollar / yen may fall to 100 or to 130, I prefer the latter, but the rally may be full of twists and turns."

Ino added that the fact that market positions have already prepared for the further devaluation of the yen may help to ease the rise in the US dollar / yen, and that if the political situation in Greece is aggravated, the yen is expected to get a short-term boost.

The euro hit a 29 month low of 1.2123 against the dollar on Tuesday.

The euro / dollar has fallen by about 11.5% this year, the biggest annual decline since 2005.

The Greek ruling coalition failed to get enough votes in Congress to elect the president on Monday. It had to conduct an early general election in January, which brought Greece into a period of political turmoil.

The market is worried that the Greek leftist radical coalition party may win the election, which will make the country's international aid go hand in hand and rekindle the European debt crisis.

The euro has been suppressed by the prospect of further easing of the European Central Bank in 2015, and the political situation in Greece is uncertain, which makes the euro face greater downward pressure.


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