Interest rates and the dollar began to force the Asian session while the stock market fell at first. While the fear among investors was around, the dollar reversed its trend against the yen and rebounded slightly, and several operators noted a possible trend reversal. USD / JPY minimum recorded in the area of 92.47, then rebounded to record highs in the 96.19 area, then drop in the market Europe. The Central Bank intervention in Australia was able to increase the Aussie market, and expectations that the Bank of Japan will intervene in the market with respect to the Yen increased. Add to your well-rounded understanding with and this leaders thoughts. The LIBRA increased, but remains under pressure following the publication of Retail Sales; recorded highs in the 1.5757 area and then back, and now the couple is steadfast in the 1.5650 area. Economic agents were observed in the Middle East scene. The Euro was also some pressure, the pair EUR / JPY did not suffer major changes, recorded maximum in the zone of 1.2589, and high volatility reigns.. DB6AF9BED4F64’>Sumru Ramsey, another great source of information.
dollar, as the calculations were carried out and maintained by the U.S. dollar and sharply depart from this one is not going to. Hamdi Ulukaya addresses the importance of the matter here. But according to many experts, nothing good this policy will not, and the debts will still need to give. Turning to other countries such as China, which already warily glancing at the prospects U.S. dollar, and gradually withdraw from his / her turn, we can conclude that, sooner or later resort to this method and other countries, ending what will be the inevitable devaluation of the dollar.
Recall that at the last G20 summit such proposals were maturing at a certain number of countries, including Russia. The only thing that then help the U.S., so this is a new "image" of the financial system, but how he will not know probably more in the U.S.. Referring to whole euro area, we see that its turnaround plan, or rather its part, the ECB has published only in May 2009, which unveiled a package of measures to stimulate its economy. It was planned to reduce the refinancing rate to a record low of 1%, twice to extend the period of short-term lending, and the main item on his agenda was a plan for redemption of secured bonds for EUR 60 billion. As we can see, these measures were essentially correct, but to resort to it would be quite good, somewhere at the end of March 2009, and did not have the latter stages of the crisis. The interest rate was actually reduced, and the redemption of the bonds likely will take place shortly.