The Euro Zone'S Economic Data Were Favorable &Nbsp, And The US Dollar Fell 0.43% On Tuesday.

Beijing time on the morning of January 19th, Tuesday data show that German investor confidence index continues to improve, targeting the market Eurozone Concerns about the sovereign debt crisis have also been partially alleviated. The euro continued to rise against the US dollar, or more than 1%, and the US dollar lost its support against a wide range of major currencies.

The euro rose to 0.83% against the dollar on Tuesday at $1.3386, and the euro rose to $1.3466 in early trading against the dollar, the highest level in nearly a month.

The pound traded against the US dollar for 1.5975 dollars, or 0.60%, while the US dollar against Japanese yen stayed at 82.57 yen, down 0.15%.

End foreign exchange market Closing, tracking six major currencies. US dollar index At 79 points, the decrease was 0.43%.

On Monday, the US financial market closed on Martin Ruud Kim's day. Early Tuesday, the German ZEW economic confidence index was much higher than economists' expectations in January, indicating that the German economic situation is still improving. On the other hand, there are reports that Russia is considering cancelling a ban on Spanish government bonds issued last year, which is restricted by two Russian sovereign wealth funds. The successful issuance of short-term bonds by Spain and Greece also helped to boost market confidence.

At the same time, analysts pointed out that the meeting of EU finance ministers in Brussels seemed unlikely to give a definite explanation whether it would expand the size of the eurozone aid fund. The report said, "the market expressed disappointment that the conference did not give a unified signal and firm commitment, and we were totally disappointed that the sovereign debt crisis would be resolved once and for all.

Earlier on Tuesday, the New York fed released the latest regional manufacturing index, which fell short of market expectations, and the dollar continued to fall. The US Treasury Department released data showing that foreign investors bought $85 billion 100 million in long-term US dollar assets in November, an increase of almost two times compared to an increase of US $28 billion 900 million in October.

Other major economic news, British official data show that the annual inflation rate in December is 3.7%, higher than the 3.3% level in November, and higher than 3.4% of the market generally expected.

Australia continues to suffer from floods. Australian dollar closed at 99.85 cents, or 0.60%.