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    The Outlook For The US Economy Is Improving &Nbsp, And The US Dollar Is Down Again On Thursday.

    2010/12/31 9:22:00 66

    US Dollar Index Of Foreign Exchange Market

    On Thursday morning, Beijing time, a number of US economic data on Thursday were better than market expectations, while US benchmark Treasury yields continued to rise.

    American economy

    Prospects for the better; and the decline in the volume of trading at the end of the year has also led to the volatility of the US dollar exchange rate.

    The US dollar fell to varying degrees on Thursday against a wide range of major currencies.


    End

    foreign exchange market

    At the close, the US dollar index for tracking six major currencies was 79.51 points, or 0.36%.

    The euro rose to 0.51% against the dollar on Thursday at $1.3285.


    Earlier Thursday, US government data showed that the number of first time applications for unemployment benefits fell by 34 thousand last week, to 388 thousand, the lowest level since July 2008.

    The industry association, the National Association of real estate brokers, showed a 3.5% growth rate in November, indicating that the stable recovery of the real estate market will last until the beginning of next year.


    At the same time, analysts pointed out that the recent stock index is mainly at the end of the finishing stage, and has little direct impact on the trend of the US dollar exchange rate.


    The US dollar against Swiss Franc fell 0.9356 on Thursday to 1.02% Swiss francs, while the pound against the US dollar closed at $1.5416, or 0.45%, while the US dollar fell to 0.18% yen against Japanese yen at 81.50 yen.


    This year,

    US dollar index

    The cumulative increase of 2% was mainly due to the continued decline of the euro under the pressure of sovereign debt crisis.

    The euro fell to its lowest level since 2006 this year against the US dollar in June.


    The Swiss franc, which is considered to be a relatively safe currency asset, has been outstanding this year: the US dollar has fallen by 9% against the Swiss Franc this year, and the euro and Sterling fell 19% and 16% respectively against the Swiss franc.

    Against the US dollar, the euro and the pound fell by 7.2% and 4.5% respectively in one year.

    The dollar fell more than 12% against the yen in 2010.


    In other currencies, the US dollar closed against Australian dollar at 0.9846 Australian dollar, or 0.207%, while the US dollar closed against New Zealand dollar at 1.2958 NZ on Thursday, a decrease of 0.56%; the US dollar declined by 0.07% against the Canadian dollar 0.9997 Canadian dollar.

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