Monday, April 11, 2011

Demand for risk remains high

Despite everything, the attitude to risk in Forex remains positive. Even 11-hour agreement on the U.S. budget as little impact on the dollar. A dollar index was updated at least yearly during the Friday session and stayed at these levels during trading in Asia. The market focuses on important data on growth and inflation in China. Raising rates in China last week was a kind of preventive step, before one even stronger data on CPI. So the markets are now at least prepared for some disappointment in respect of inflation. The most striking example of the attractiveness of Kerry's trade with the yen is 15% growth in the Australian dollar against the yen in just 4 weeks old and unstoppable growth of silver. It is easy to point out what we face risks, but at least now search for yield leads to an explicit weak yen and the dominance of the soft policy of the Federal Reserve.

Whining Friday. When considering the whole week, last Friday was the most decisive day for the whole week at Forex. Aussie gold and reached new highs during trading in Asia, although it was very poor attitude to risk before the weekend. Moreover, when the uncertainties surrounding the U.S. economy at midnight, many tried to hide out in the woods, to see whether the stop 40% of the country's economy.














Translate this page

Search This Blog