Delaki'S Loose Remarks "Beating" The Euro Dollar Will Rise Again?

On Friday, the US dollar index index of the US dollar rebounded to a 99.63 higher level. As the Fed raised interest rates unchanged, Delaki, President of the European Central Bank, extended the loose will to drag the euro on the dollar.

Brad said that inflation in the United States is likely to rise to the 2% annual target set by the central bank.

Low inflation has always been the main sticking point of some Fed officials' disapproval of raising interest rates, and they want to see it.

After a convincing increase, the interest rate will be increased again.

Though the wording of the Fed meeting minutes released on Thursday is dovish, it is not enough to change the overall situation of the foreign exchange market.

On the one hand, when FOMC convened the October meeting, the report on non farm employment in October was not yet released.

On the other hand, the minutes revealed that the Fed suggested that December might be the right time to raise interest rates, while the recent announcement of a 271 thousand increase in the non farm employment population, the US CPI resumed an increase of 0.2%, and the Fed's rate hike in December was still high.

A speech on Friday in Europe said that it would assess the factors affecting inflation and the possible measures at the December meeting; if the current policy was not enough to achieve the target, it would take all possible action as soon as possible; in expanding the stimulus, the size or scope of the debt purchase and the extended purchase time would be considered; the downside risk had increased in the coming months; and more stimulus could be needed if the economic recovery was not sustained.

After Delaki's speech, the euro fell against the US dollar, a 1.0667 lower than the new day, and Germany's 2 year Treasury yields fell to -0.389%, a record low.

The latest federal fund

Futures show that the market expects the Fed's rate hike in December to rise again from 66% to 68%, the rate of increase in January 2016 is 71.8%, and the rate of increase in April 2016 is 84.2%.

The US dollar index fell overnight. On the one hand, it was suppressed by the dovish fed minutes. On the other hand, after a month's continuous rise, some of the Bulls' profit margins dragged the exchange rate. But before the Fed's December meeting, if the fundamentals did not change significantly, the US index would remain relatively strong.

The minutes of the ECB meeting announced overnight are, if identified, the current

Not enough to achieve the goal, all possible actions will be taken as soon as possible. Since September, inflation has been in negative value and the risk has increased. It is necessary to examine the intensity of easing policy in December and to act again when necessary.

The information disclosed in the minutes is basically the same as the information disclosed after the October interest conference, and the monetary policy in Europe and the United States deviates from the overall situation.

Canada's October CPI data released during the New York period were in line with expectations, but the retail sales month rate in September was worse than expected. The US dollar rose to 20 points to 1.3343 against the Canadian dollar, closing at $1.3343.

At the close, the US dollar index rose 0.58%, to 99.61; the euro fell 0.77% against the dollar, 1.0646, sterling fell 0.63% to the dollar, and 1.5193, while the Australian dollar rose 0.68% to 0.7236, while the dollar rose 0.37% to 1.3344.