Asian Currencies Are Supported By Rising Renminbi.

< p > > a href= "http://www.91se91.com" > RMB > /a > on the low side of the US dollar, which rose 94 points over the previous trading day, hitting a new high of nearly 2 months. Traders pointed out that after the recent rapid rebound, the devaluation of the RMB is expected to be rapidly digested, but the appreciation expectation is not strong. If the central parity of RMB continues to open sharply, it may re ignite the market's expectation of appreciation of the exchange rate. "A"

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P: Goldman Sachs: in the first quarter of May, the US GDP fell 1.9%, but since then the retaliatory recovery has been made. The data on Thursday showed that retail sales growth in the US was weaker than expected in May, but the data in the previous month were revised up. Another report showed that the number of people in the early week only increased slightly. The US Labor Department said that the number of jobless claims increased by 4000 to 317000 in early June 7th, and the market is expected to fall by 3000.

Unexpected growth has not changed the view of gradual improvement in the labour market.

However, Goldman Sachs also predicts that the US economy will still show a retaliatory rebound in the two quarter, up 3.8% from a year earlier, which is 0.3% percentage points higher than the previous estimate of 3.5%, because the medical consumption expenditure that had not been reflected in the first quarter will emerge again in the two quarter.

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"P > European market, the euro rebounded against the US dollar with the poor US economic data, and the exchange rate returned to the central axis 1.3540 of the recent trading range.

No substantial progress has been made in the past 48 hours.

The euro rose sharply against the US dollar. The intraday exchange rate as a whole rose to the bottom. The exchange rate rose to 1.3565, the lowest to 1.3512.

The US side's overall economic data were sluggish, while the euro zone's industrial output data performed well, making the euro's rally higher than the dollar's three consecutive trading days.

But this is in the United States announced the spread of factors under the influence of the euro's long-term trend is still worrying.

On Friday, investors need to pay attention to important data such as Germany's CPI and eurozone trade account.

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Less than P, the pound went up against the US dollar, which has now set a 1.6833 high in the day.

Some traders said that the pound fell against the US dollar several times in the past 23.6% times, and the successful recovery of the $1.6727 position has already made the bear short, and the technology shows that there is still room for further growth.

Continue to make more than 1.6766, it is expected that the closing of the daily line will stabilize the 30 day moving average position 1.6821.

The strength of data under the pound is much stronger than that of the euro. < /p >

The US dollar against the yen has been slightly lower, but it is still fixed in the recent upward trend. The Bank of Japan will announce the June interest rate resolution on Friday. At present, the market expects the bank to maintain monetary policy unchanged. It may slightly increase its assessment of overseas economic growth, showing its confidence that the Japanese economy is expected to achieve its inflation target next year without increasing the stimulus measures.

Barclay, foreign exchange strategist ShinKadota, said, "the Bank of Japan may not hint at the possibility of additional easing."

Kadota also said the market reaction may be limited because expectations for the Bank of Japan to launch more stimulus measures later this year have subsided.

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< p > official data show that Canada's new housing "a href=" http://www.91se91.com/news/index_s.asp "price index < /a > rose to 0.2%. Last week to 0.2% analysts predicted that the Canadian new housing price index would rise 0.3% last week.

Royal Bank of Australia has raised Australia's GDP growth forecast from 2.9% to 3.2% in 2014. The figures released earlier showed that the country's economic growth accelerated in the first quarter of this year.

However, the bank pointed out that the recent growth momentum is unlikely to continue.

Su-LinOng of the bank believes that the RBA expects to normalize interest rates in the second quarter of 2015.

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< p > official data show that Australia's first quarter GDP growth rate increased from 0.8% in the fourth quarter of last year to 1.1%, the annual growth rate increased from 2.8% to 3.5%, better than expected in the market.

Su-LinOng, head of fixed income and monetary policy at the Royal Bank of Australia, Australia and New Zealand, said: "economic growth remains a more interesting picture. Domestic demand is essentially suppressed, highlighting the challenges faced by economic growth in the pition from mining driven capital expenditure.

In the face of many structural obstacles, we still maintain a long-term "/p".

< p > the cautious view of family consumption.

Ong said that with the growth of the economy and the improvement of the employment market, the core inflation rate is slightly higher than the target interval value, which is contrary to the historical low cash interest rate in third years. The RBA expects to normalize the interest rate in the second quarter of 2015.

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"P" > other a href= "http://www.91se91.com" > currency < /a >, the New York dollar rally deserves attention.

After the New Zealand Federal Reserve raised interest rates again by 25 basis points, interest in interest rate trading increased.

McDermott, assistant chairman of the New Zealand Federal Reserve, thinks that New Zealand's interest rate will increase by 0.5 percentage points this year, while vice president Spencer said on Thursday that he thought the neutral level of interest rate was 4.5-5.0%, suggesting that the New Zealand Federal Reserve may need further interest rates if the New Zealand dollar depreciates significantly.

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