The Crisis Gradually Lifted &Nbsp; The US Dollar Fell 0.49% On Wednesday.
Beijing time on January 20th, as investors expressed satisfaction with the current situation of euro zone sovereign debt and began to wait for economic data from China, the euro rose against the US dollar on Wednesday and reached its highest level in 8 weeks. In the same period, the exchange rate of US dollar against many major currencies appeared. Fall 。
End
foreign exchange market
Closing, tracking six major currencies.
US dollar index
At 78.58 points, the decrease was 0.49%.
The euro closed against the US dollar at 1.3460 dollars, or 0.58%, while the euro intraday was 1.3538 dollars, the highest level since the end of November; the US dollar against Japanese yen closed at 82.06 yen on Wednesday, or 0.69%.
Analysts pointed out that China plans to announce the latest gross domestic product and inflation data on Thursday.
Phoenix Satellite TV, based in Hongkong, predicts that this report will give 4.6% consumer price inflation in December, lower than the 5.1% level in November.
While Societe Generale reported on Wednesday that although there seems to be no major factor in the market trend, "risk appetite is highly saturated, and a wide range of markets can see multiple key technical indicators being broken."
The report further points out that "concerns about the European Economic and monetary union, and concerns about inflation data in emerging market countries, especially China, have been left behind."
This has also led to a recent upward trend in the market's bet against the US dollar.
President Obama and Chinese President Hu Jintao held a joint news conference in Washington on Wednesday.
During the official visit of the state leaders, the United States may exert greater pressure on China to allow China to allow the renminbi to accelerate its appreciation.
Previous reports said President Hu Jintao questioned the position of the US dollar as a reserve currency in a visit before the visit to the United States.
In other currencies, the pound traded against the US dollar at $1.5990 on Wednesday, up 0.18%.
British employment figures released on Wednesday showed that the number of people applying for unemployment benefits fell slightly in Britain, but the unemployment rate continued to rise. Inflation rose to 3.7% in December, further raising the expectation that the Bank of England could be forced to take interest rate hikes ahead of schedule.
In other currencies, the Australian dollar rose to 0.15% against the US dollar at 99.96 cents, while the US dollar rose to 0.01% against Canadian dollar at 0.9962 Canadian dollars.
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