New York trading hedge currency falling dollar by other Middle East riots drag

New York trading on Wednesday, the dollar tumbled, because major hedge monetary Middle East riots, shop online 2011
oil prices and the relevant European rates expected weakened dollar as a hedge monetary appeal.

Wednesday's end dish, electronic trading system shows that the euro against the dollar 1.3747 dollars, reported Tuesday end dish for 1.3650 dollars. Dollar/yen reported Tuesday 82.50 yen, end dish for 82.77 yen. Euro against the yen 113.42 yen, coach handbags
reported Tuesday end dish for 113.07 yen. Sterling against the dollar 1.6209 dollars, reported Tuesday end dish for 1.6132 dollars. The dollar Swiss francs reported Tuesday 0.9332 Swiss francs, end dish for 0.9389 Swiss francs.

ICE from around 77.768 dollar index dropped to 77.376 around.

To Libya violence and surrounding countries political unrest worried investors buy Swiss franc, yen etc hedge currency. The dollar Swiss francs once approximation historic lows, later restored some momentum.

At the same time, the market is the Bank of England (somebody of the European Central Bank (from) coach handbags
and European Central somebody) a rise of the action may be less than the U.S. Federal Reserve (Federal Reserve) much faster, this also thrusting the euro and the British pound price wave.

Today's major currencies, when is the best of the euro. The European central bank several senior officials are said, it is necessary to raise interest rates to curb inflation pressure, which promote euro higher.

Sterling was also obtain boost, because of the bank of England meeting minutes show the bank may soon began to raise rates.

However, the risk is impending, especially for the euro is concerned. Irish republican party (Fianna in) are likely in Friday's election defeat. Irish unified (Fine Gael) and Labour (Labour)coach handbags
 of the joint faction may win. Once dominated, they may seek to the International Monetary Fund (International Monetary Fund) and the European Union (eu) to provide aid schemes for the Irish renegotiate, this could trigger market turmoil.

Par xmjiang le jeudi 24 février 2011

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