Sunday, April 12, 2009

The U.S. dollar will continue to acquire power

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 HEADLINES
The U.S. dollar will continue to acquire the force
 Economic Analysis:
 U.S. dollar
The U.S. dollar yesterday, fluctuating trends in the market.Continued circulation of the euro / dollar rate on a fixed during the day, and on the level of 1.5440.The circulation of the dollar upward momentum before Alpound and witnessed volatile movement in front of the Japanese yen
Yesterday issued a series of U.S. data, the first self-employment without the private sector and the agricultural sector, which showed a rise of $ 40 thousand in May, while the expectation is -30 A..And then the announcement of the rate of productivity of U.S. non-agricultural sector, which rose by 2.6% in the first quarter of the year, a rate higher than expected.At the same time, wage pressures were moderate to read about what it was in the first quarter of last year, rising labor costs to an annual average of 2.2%, while the previous reading at 4.7%.Anbar was welcomed by the Fed, which reduced their anxiety with regard to the increased inflation.The index fell Foundation support the management of non-industrial sector in May from 52.0 to 51.7, and the sub-index rose by the work activity of 50.9 to 53.6 in April.At 6:45 GMT, the modernization of the Bernanke Fed governor, acknowledged that the likelihood of high inflationary expectations are a source of concern to the Federal Bank, said that the U.S. economy is flexible and highly rewarded and therefore that result is unlikely.

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