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The US Dollar Fell Against Most Major Currencies For 7 Days.

2014/10/8 9:36:00 18

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Xiaobian of the network introduced to us that the US dollar fell against most major currencies for 7 days.

On the same day, the US dollar index for the six major currencies decreased by 0.32% compared with the previous trading day, and dropped to 85.650 in the New York stock market.

Influenced by Japan

Central Bank

Statements and the IMF's impact on global economic growth expectations, on the same day, the yen to us dollar exchange rate rose nearly 0.8% compared with the previous trading day, and rose to 108.15 in New York's stock market.

After 7 days of ending the two day policy meeting, the Bank of Japan announced that it will continue to maintain its current super loose monetary policy unchanged.

It is understood that the Bank of Japan has been expanding its monetary base from April 2013 to 60 trillion yen to 70 trillion yen (US $588 billion 400 million to US $686 billion 500 million) every year to stimulate economic growth.

The International Monetary Fund announced the world economic outlook report 7, reducing the global economic growth forecast in 2014 to 3.3%, and warned the global economic downside risks.

The report led to an increase in investor risk aversion, and the yen as a safer asset strengthened the main currencies.

In addition, the Federal Reserve Commission's September monetary policy meeting minutes will be released on 8 th. The implication of the Fed's interest rate increase is the focus of the market.

By the end of that day, New York's foreign exchange market was 1 euro to 1.2658 dollars, higher than the previous one.

paction

Japan's 1.2619 dollars; 1 pounds to 1.6089 U. S. dollars, higher than the previous session of 1.6049 U. S. dollars, 1 Australian dollars to 0.8812 U. S. dollars, higher than the previous session of 0.8747 U. S. dollars.

1 US dollars to 108.15 yen, lower than the previous day's 109.01 yen; 1 dollars to 0.9578 Swiss francs, lower than the previous day's 0.9614 Swiss francs; 1 dollars to 1.1173 Canadian dollars, higher than the previous trading day 1.1153 1.1153 yuan.

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