Ireland Or Accepts Assistance &Nbsp; &Nbsp; Dollar Exchange Rate Continued To Drop On Friday.

Beijing time on November 20th morning news, Federal Reserve Chairman Bernanke once again spoke for the Fed's quantitative easing project defense at the same time. Ireland Probably accept European Union and IMF assistance Market expectations pushed up the euro. US dollar exchange rate Pressure continued to drop on Friday.

At the close of the foreign exchange market, the US dollar index for tracking six major currencies was 78.42 points, or 0.25%. Meanwhile, multi-party talks on Ireland's potential aid programmes are continuing. Driven by related news, the euro rose to $1.3672 on Friday, or 0.23%, and rose to $1.3731 on Friday.

Andrew Wilkinson, a senior market analyst for the interactive dealer company, pointed out that the talks that were co attended by the European Union, IMF and Irish government officials were likely to last until the end of the week. Investors' views on Ireland's acceptance of aid were basically the same, and some concerns about the possibility of further enlargement of the euro zone debt crisis were partially alleviated.

On the other hand, Bernanke, chairman of the Federal Reserve, attended the ECB meeting in Frankfurt to defend the Fed's latest Treasury purchase plan. He said: "the best way to maintain a strong economic base, support the US dollar and support the global economic recovery is to stimulate the US economy to restore growth and stabilize the current prices through policy measures." Citigroup analysts pointed out in the report that "this is almost the most merciless negative comment on the US dollar issued by the central bank officials in recent years."

The euro has fallen 0.2% this week, down 2.3% last week. The decline was 2% this month and 4.5% since 2010. The euro fell to $1.19 in June. Subsequently, the EU announced relief measures for Greece, Ireland, Spain and Portugal, and the euro exchange rate basically returned to normal.

The US dollar index has risen 0.5% this week, up 1.6% since November and up 0.8% since 2010. However, compared with this year's high 88.405 points, it dropped by nearly 10%.

In the Asian trading session on Friday, the people's Bank of China announced that it would raise the reserve requirement ratio of commercial banks again. Further tightening of monetary policy has hurt investors' risk appetite and dragged down the kinds of currencies that generally benefit from market risk preferences. The Australian dollar closed at 98.56 cents on Friday, down 0.45%.

The decision of the people's Bank of China on Friday raised the market's expectation of China's possible increase in interest rates again. Brad Beck Tell, managing director of Fallows trading company, believes that the reserve ratio "has little effect on price inflation of food and energy products. Therefore, China's announcement of raising interest rates in the near future or even this weekend should not be an unexpected move."

The pound traded against the US dollar at $1.5974 on Friday, down 0.45%. The pound has fallen by 0.8% since the beginning of this week and has fallen by 1% against the US dollar since 2010.

The dollar fell to 83.5 yen on Friday, down 0.01%. The dollar has risen 1.2% against the yen in a week, and has risen by at least 1% in third consecutive weeks. This is the longest rise in the US dollar against Japanese yen since January 2010. The increase has been 3.9% since November, and has dropped by about 10.3% since 2010.