The US Dollar Index Has Declined For Second Consecutive Trading Days.

"P > < a href=" http://www.91se91.com/news/index_cj.asp "> US dollar > /a > is weakening. The US non farm employment data released in April 4th (April 4th) were disappointing. Some market participants predicted that the US non farm employment data in March should be strong enough to support the US dollar breaking through the sluggish interval trading mode in 2014.

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Data released last Friday showed that the growth rate of non farm employment in the US in March slowed to 192 thousand unexpectedly, and the unemployment rate was unexpectedly stable at 6.7%.

In the two weeks before the nonfarm data came out, the US dollar rose to 3% against the yen, but the currency has fallen by more than 1% after the data came out.

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< p > many banks and investment institutions pointed out in January 2014 that most of the main foreign exchange markets bet on the US dollar going strong in 2014. Last week (April 5th April 5th) there were signs that the dollar finally began to rise.

However, the market is still worried that the US non farm employment situation in March is still not enough to show that the US economic recovery has been strengthened.

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< p > < strong > the European Central Bank is closer to the implementation of QE, but < a href= "http://www.91se91.com/news/index_cj.asp" > Euro < /a > has no weakness < /strong > /p >

< p > although last week there were signs that the European Central Bank (ECB) was closer to the implementation of the QE policy last week, such a policy prospect still failed to bring the obvious downward pressure on the euro against the US dollar.

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< p > although the ECB resolution last Thursday (April 3rd) did not move, the president Delaki (Mario Draghi) talked about the prospect of unconventional measures such as QE policy in a press conference, suggesting that Germany's resistance to the European Central Bank's QE policy is no longer as strong as it was before.

However, on Monday, the euro has risen 0.1% against the US dollar, which is on the top of the US $0.05 fluctuation range in 2014.

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P, the German media pointed out on Friday that the ECB has already built a model to buy 1 trillion euro assets to counter deflation.

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< p > New York BNY Mellon (BNY Mellon) a href= "http://www.91se91.com/news/index_cj.asp" > foreign exchange /a /a strategist Simon Derrick pointed out that the US non farm employment data released last Friday were not warm enough, which is enough for the market to continue to expect the Federal Reserve (FED) to maintain its existing speed in reducing the policy of QE. Compared with that, many investors have taken note of the commitments made by the European Central Bank in implementing the policy of the Latin America, but it has not given enough attention to it, which is quite surprising.

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< p > the strategist thinks that in the past month's comment, a very clear topic is that the European Central Bank is worried about the strong euro. If the QE policy has given us inspiration in the past 10 years, it will help to weaken the value of the currency. So far, the market has so far been very different about the ECB QE prospect.

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Less than P, it is noteworthy that several officials of the European Central Bank will continue to address this week (April 12th week), and the market may be able to dig up more information on the ECB's April monetary policy conference.

On Monday, at the beginning of the European market, the European Central Bank's management committee, /p.

< p > (Ewald Nowotny) said the central bank did not need to take immediate measures to deal with low inflation, because the strengthening of the European economy should reduce the risk of deflation, and the euro rose to 1.3720 higher against the dollar.

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The market now thinks that the keynote of the European Central Bank has changed, but whether it will comply with the words and actions and further relax policies to depress the euro and raise the economic growth and inflation rate, P needs to wait and see.

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< p > < strong > the BoJ may also relax its monetary policy < /strong > /p >

P BOJ will soon conclude its two day monetary policy meeting on Tuesday (April 8th) and announce the interest rate resolution, and will announce the resolution of the half yearly monetary policy conference in April 30th.

The market now believes that compared with the European Central Bank, the Bank of Japan has the possibility of further easing monetary policy, which makes the yen's fluctuation on Monday very limited.

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< p > RBC Sue Trinh, a capital market strategist of the Royal Bank of Canada, believes that the market has begun to organize to a certain extent. As China's market closes on holidays and its trading is relatively light, the market trend lacks clear guidelines.

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< p > the strategist predicts that the BoJ is unlikely to take too much action on Tuesday, but it can not be too dead.

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< p > according to the plan, the Japanese government has raised the consumption tax by three percentage points to 8% in the 2014 fiscal year (beginning in April 1st).

As a result, Haruhiko Kuroda, the governor of the Bank of Japan, is facing increasing pressure on further easing monetary policy.

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< p > before the resolution of the Bank of Japan is released on Tuesday, it will also publish the 2 regular menstrual accounts data of Japan.

The market now expects that Japan's 2 menstrual regular account is expected to regain its first surplus in five months with the support of overseas investment return and slowing import growth.

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< p > < strong > IMF half year spring meeting < /strong > /p >

The half yearly spring meeting of the International Monetary Fund (IMF) is about to begin in Washington on Friday (April 11th). The information so far shows that many senior central bankers, including Delaki, will be present.

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Last Wednesday (April 2nd), P IMF chairman Christine Lagarde[micro-blog appealed to the European Central Bank to further ease its risk of "low inflation".

Delaki pointed out on Thursday that the European Central Bank thanked IMF for its recent generous generosity to the ECB, but hoped that IMF could take similar action the day before the Fed's resolution.

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