With the dollar's rebound Cheap M.J. Stewart Jersey , the Australian dollar parity against the U.S. dollar failed to hold yesterday back to 0.9800 level. Australian dollar on Friday, when the intraday high was reached 1:1, which is implemented since 1983, floating exchange rate Australian dollar reached parity for the first time.
For the Australian dollar's decline in this wave reached parity in homeopathy, most analysts have long expected, since the September date Cheap Ronald Jones II Jersey , a well-deserved star of Australian currency, regardless of the dollar's decline, the risks of rising global stock markets preferred temperature, or the reason commodity prices go higher, and both support the Australian dollar's rise.
On Friday, Fed Chairman Ben Bernanke to speak a new round of quantitative easing Cheap Carlton Davis Jersey , the policy orientation Bernanke once again to strengthen the market position of quantitative easing is expected, and the dollar lower against other currencies, in his speech after the U.S. Index Refresh intraday low, the Australian dollar and other non-US currencies rose across the board.
As a commodity currency, the Australian dollar's movements are also boosted by higher commodity prices. Fed expected to restart the quantitative easing, investors turn to gold Cheap Vita Vea Jersey , commodities, etc. for preservation. In addition, analysts believe the dollar is still maintaining a strong reason to the fundamentals of its more stable, relative to other economies, Europe, Australia once again is unlikely to ease monetary policy.
It is worth mentioning that a tough monetary policy Cheap Noah Spence Jersey , Reserve Bank of Australia since last October to May of this year, Reserve Bank of Australia raising interest rates has already accumulated 150 basis points to 4.50% level. Despite the RBA pause this month, but analysts believe that the Reserve Bank of Australia rate hike in December is still expected.
One of the world's three major international rating agencies Fitch said recently that compared to other countries with high ratings, the Australian economic growth and public finances still have considerable toughness. This undoubtedly gave the Australian a comprehensive positive fundamentals.
Australia has already said that did not intend to join the ranks of intervention, but analysts point out that an effective stand against the U.S. dollar Australian dollar parity there are still difficulties, owing to the U.S. response to the next on the uncertainty of quantitative easing and the Australian dollar against the yen The decline in Australia's export sector limited the profits.
Dollar extended yesterday's rebound on Friday Cheap Kendell Beckwith Jersey , analysts believe that this is a G20 meeting of finance ministers before the profits of the stock market bulls.
In fact, the popularity of extreme pessimism in the dollar when the dollar has prompted many analysts began to rebound in risk, if the size of the end of quantitative easing is expected as the current 1 trillion dollars, the dollar is very likely upward revision .
But the dollar's rally may be present only short-term pullback. Hu Ming currency analyst at CITIC Bank, told reporters that expectations are still the quantitative easing, the dollar extended gains is difficult to say whether he believes the weak U.S. dollar can change the situation until early November to see the outcome of the Fed meeting.wfully disgusting marks! Those lines are everywhere on your tummy and a few other parts. Sometimes they itch. Other times Cheap Ali Marpet Jersey , they just appear and never fade away. You need to put away your short tops, Capri shorts, skirts and even Bermudas shorts. On any special occasion, you can not wear that perfect little black dress and you need to cover yourself. Forget about those days when you could flaunt your flawless body. Gone are the days when you could wear anything short without worrying about any marks on your body.
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