On Monday (May 15), the data showed that the New York Fed's Empire Manufacturing Index fell from 10.8 in April to the negative 31.8 this month, and the US dollar dive early earlier.The euro rose 0.2%against the US dollar to $ 1.0870.Analysts said that there may be many factors behind the recent strengthening of the US dollar, including concerns about inflation in the United States, the risk shelter buying promoted by the upper limit of debt and the concerns of global economic growth, and the more eagle statements of the Federal Reserve officials.However, the interest rate futures market is expected to cut interest rates at about 50 basis points at the end of this year. For the Fed's expectations that the Federal Reserve is likely to enter the rate of interest rate hikes or even turn interest rates during the year, it is still lingering in the analysis of the world and investors.New Year's Eve.Therefore, the current factors that affect foreign exchange trends are not so clear, and it seems that it is difficult to get out of the more obvious trend for the time being.On the daily chart, the continuous decline in the US dollar is temporarily breathing above 1.0840, but it is still under the short -term moving average, and there is no sign of reversing the decline.Recently, we will continue to pay attention to the support near the price of 1.08. If it falls, the decline will increase.There are only more than 1.09 on the top, and Fang is expected to get rid of the opportunity to gradually get rid of the recent situation.
On Monday (May 15), the pound rebounded by 0.67%against the US dollar to close the market by 1.2528.The British Central Bank was as expected to raise interest rate hikes 25 basis points on Thursday, and predicting that the growth of salary would be much stronger than three months ago, and the unemployment rate would decrease.British policy makers said at the time that the future rate hikes will depend on the data that is about to be announced, but the market has completely digested the expectations of 25 basis points, and shows that there is a certain possibility that it will raise interest rates again in autumn.Barclays analysts stated in a report that "Although (although (the monetary policy committee that formulates interest rates) is currently facing too high, it cannot adopt a more eagle position than the market.The growth of salary is transforming the British Bank of the United Kingdom into a central bank that is not too much compared to other G10 central banks. "This makes the pounds in a favorable position for the time being, at least when economic growth will not slow down.On the daily chart, pounds are supported by more than 1.2440, and the technical indicators have not significantly turned downwards. If the currency does not fall on the above support level, there will be opportunities to continue to rise in the pound.
On Monday (May 15), the Australian dollar rebounded 0.90%against the US dollar to close the market.Earlier, after a series of disappointing data hit the price of commodities such as copper and iron ore to oil, the doubts of economic growth brought about by Australia's largest trading partner China have dragged down the performance of this Australian dollar.The Australian Central Bank's tightening tendency to help the Australian Central Bank may help the Australian Central Bank this Monday. Previously, the central bank unexpectedly raised interest rates earlier this month. At that time, the market was expected to continue to follow the soldiers.The Australian National Bank increased the forecast of interest rates of the Australian Central Bank on Monday. It is expected that at least it needs to raise interest rates to make interest rates reach 4.1%, so that the inflation rate can return to the target level until mid -2025.Australian National Bank analysts said in a report to customers: "If the data remains strong for a longer period of time, we will not rule out the possibility of interest rates further to 4.35%."Record.At present, the market is expected to suspend interest rate hikes in June of 87%, while the risk of taking action in August or September is higher.According to the daily format observation, the Australian dollar is difficult to get rid of the trend pattern of the interval in a short time against the US dollar, and the fluctuation range is still between 0.66-0.68.Only when major stimulating factors occur, the Australian dollar/dollar party is expected to break through the above horizontal range.
