The rise in the dollar against most major currencies on Friday the United States of idle stocks gives investors reason to pause for a week long defeat of the U.S. currency.
The dollar rose slightly on the yen and the euro and most other currencies, mainly due to profit, as well as corrections to the weekend.
"All in all, seems like the market is a bit like a chance to catch their breath after an important step to increase most currencies," said Camilla Sutton, currency strategist at Scotia Capital.
The poor performance of U.S. stocks weighed on the euro and other currencies, and risk-oriented. After a week of strong corporate profits in general, U.S. stocks opened lower on disappointing earnings Bank of America, and remained in negative territory, although the bounce in the late afternoon.
Late on Friday, the euro was 1.4885 from $ 1.4920 late Thursday, according to the iron through the CQG. The dollar is the most Y90.87 from Y90.70. The Euro is the most Y135.30 from Y135.32. In the U.K. Lit is 1.6355 from $ 1.6267 while the dollar is more CHF1.0188 from CHF1.0163.
Indicator of monetary, trade, a basket of six currencies, was 75,624 of the 75,536 late on Thursday.
"The fact that the dollar is very weak, and despite the fact that most currencies are off high, the general trend of the weaker U.S. dollar seems to be the goals," said Scotia Sutton.
Although some of the Authorization for Use of the dollar last Friday at his office tumbled, the euro looks set to resume next week in advance. "The basic picture has not changed much," said an analyst at Brown Brothers Harriman in New York.
New York during the morning session, and Reuters and the University of Michigan's consumer confidence index unexpectedly declined in early October, and extends from 73,5 to 69.4 in September. In worse than expected figures give a slight boost the dollar against the euro, but the data has not been reached for a couple of coins from the last group.
United States industrial production figures, which came out better than expected, giving the euro has decreased slightly, and a temporary boost, but quickly settled back to the single currency group morning. United States manufacturing industries by 0.7% in September compared with the previous month, marking the second monthly increase, respectively, and the Federal Reserve said on Friday. Economists had expected an increase of 0.2 percent only.
Strong economic data tend to give the euro and other currencies for the high-pleased if investors trade using a risk-based strategy.
Treasury International Capital report released on Friday is little impact on the currency markets. Monthly figure does not amount to a period of six weeks, is being closely monitored as an indicator of the approximate capacity of the United States to finance its deficit, but rarely have an immediate impact on the trade of the currency.
The report pointed to the net capital purchases of long-term bonds, the United States rose to 28.6 billion U.S. dollars in August from 15.3 billion U.S. dollars in July. The report showed that investors have moved quickly from a safe haven, the U.S. Treasury holdings built during the global financial crisis, "said Alan Ruskin, head of international currency for RBS Greenwich Capital in Greenwich, Connecticut
"The accumulation of large purchases of Treasury Account seen in the midst of the crisis continues to undermine much, if anything, is a close-up potential [dollar] to the outside, or go to the risky assets the dollar," said Raskin.
, The dollar continued to strengthen against the yen after analysts said the key technical levels were stalled in favor of the dollar.
U.S. currency is still high because Japanese politicians "Once again, on whether they would intervene to reduce the strength of the yen and the increased risk in the market combined to put pressure on the Japanese currency," said Geoffrey Yu, currency strategist at UBS in London.
In the U.K. The pound continued to strengthen against the dollar, with investors betting on the continued decline of the British currency is now drained the market of new investors in a couple of floods, Lloyds TSB, according to analysts.
At the same time, "said U.S. Treasury Secretary Timothy Geithner in a television interview that the dollar will maintain its role as a reserve currency in the world, but acknowledged that maintaining a leading position," and the special duties and responsibilities "to maintain the value of the dollar and undermine the maintenance of low inflation.
In a television interview with CNBC, part of which was broadcast on Thursday night, Geithner rejected suggestions that the U.S. dollar could lose its reserve currency status. Note that when shaken global markets last year, "the world is like to be in treasury bonds," the value of the dollar rose.
General Electric Co. (GE) Chief Financial Officer Keith Sherin said Friday that the U.S. dollar seems likely to continue to weaken in the near future, a trend he described as "a small net positive for GE.
Shirin confirmed in an interview that he is an economist and set an objective to a large extent on what you read on the currency. "My view today's public is that it seems that the dollar will continue to weaken in the new term," he said.
The dollar rose slightly on the yen and the euro and most other currencies, mainly due to profit, as well as corrections to the weekend.
"All in all, seems like the market is a bit like a chance to catch their breath after an important step to increase most currencies," said Camilla Sutton, currency strategist at Scotia Capital.
The poor performance of U.S. stocks weighed on the euro and other currencies, and risk-oriented. After a week of strong corporate profits in general, U.S. stocks opened lower on disappointing earnings Bank of America, and remained in negative territory, although the bounce in the late afternoon.
Late on Friday, the euro was 1.4885 from $ 1.4920 late Thursday, according to the iron through the CQG. The dollar is the most Y90.87 from Y90.70. The Euro is the most Y135.30 from Y135.32. In the U.K. Lit is 1.6355 from $ 1.6267 while the dollar is more CHF1.0188 from CHF1.0163.
Indicator of monetary, trade, a basket of six currencies, was 75,624 of the 75,536 late on Thursday.
"The fact that the dollar is very weak, and despite the fact that most currencies are off high, the general trend of the weaker U.S. dollar seems to be the goals," said Scotia Sutton.
Although some of the Authorization for Use of the dollar last Friday at his office tumbled, the euro looks set to resume next week in advance. "The basic picture has not changed much," said an analyst at Brown Brothers Harriman in New York.
New York during the morning session, and Reuters and the University of Michigan's consumer confidence index unexpectedly declined in early October, and extends from 73,5 to 69.4 in September. In worse than expected figures give a slight boost the dollar against the euro, but the data has not been reached for a couple of coins from the last group.
United States industrial production figures, which came out better than expected, giving the euro has decreased slightly, and a temporary boost, but quickly settled back to the single currency group morning. United States manufacturing industries by 0.7% in September compared with the previous month, marking the second monthly increase, respectively, and the Federal Reserve said on Friday. Economists had expected an increase of 0.2 percent only.
Strong economic data tend to give the euro and other currencies for the high-pleased if investors trade using a risk-based strategy.
Treasury International Capital report released on Friday is little impact on the currency markets. Monthly figure does not amount to a period of six weeks, is being closely monitored as an indicator of the approximate capacity of the United States to finance its deficit, but rarely have an immediate impact on the trade of the currency.
The report pointed to the net capital purchases of long-term bonds, the United States rose to 28.6 billion U.S. dollars in August from 15.3 billion U.S. dollars in July. The report showed that investors have moved quickly from a safe haven, the U.S. Treasury holdings built during the global financial crisis, "said Alan Ruskin, head of international currency for RBS Greenwich Capital in Greenwich, Connecticut
"The accumulation of large purchases of Treasury Account seen in the midst of the crisis continues to undermine much, if anything, is a close-up potential [dollar] to the outside, or go to the risky assets the dollar," said Raskin.
, The dollar continued to strengthen against the yen after analysts said the key technical levels were stalled in favor of the dollar.
U.S. currency is still high because Japanese politicians "Once again, on whether they would intervene to reduce the strength of the yen and the increased risk in the market combined to put pressure on the Japanese currency," said Geoffrey Yu, currency strategist at UBS in London.
In the U.K. The pound continued to strengthen against the dollar, with investors betting on the continued decline of the British currency is now drained the market of new investors in a couple of floods, Lloyds TSB, according to analysts.
At the same time, "said U.S. Treasury Secretary Timothy Geithner in a television interview that the dollar will maintain its role as a reserve currency in the world, but acknowledged that maintaining a leading position," and the special duties and responsibilities "to maintain the value of the dollar and undermine the maintenance of low inflation.
In a television interview with CNBC, part of which was broadcast on Thursday night, Geithner rejected suggestions that the U.S. dollar could lose its reserve currency status. Note that when shaken global markets last year, "the world is like to be in treasury bonds," the value of the dollar rose.
General Electric Co. (GE) Chief Financial Officer Keith Sherin said Friday that the U.S. dollar seems likely to continue to weaken in the near future, a trend he described as "a small net positive for GE.
Shirin confirmed in an interview that he is an economist and set an objective to a large extent on what you read on the currency. "My view today's public is that it seems that the dollar will continue to weaken in the new term," he said.
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