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Chaos complex European news the trend of the euro intervention, in fact Japanese government behavior the same wonderful, this is part of the reason the euro continued strong.
The strength of the yen intervention Japanese city had made the us dollar against the Japanese yen before the intervention of the historically low 75.31 to 79.53 level once has soared, then weak, the euro and the European Union summit by the impact of the same, both parties are involved in the situation of interval shocks, the us dollar against the Japanese yen at 77.50-78.50 interval, however, the us dollar against the Japanese yen in Japan after government intervention in the interval has maintain obviously higher than before the intervention of the 75 77 interval, this means that the change of intervention strategies, is also the Japanese government results, it hope the next step the us dollar against the Japanese yen breakthrough 78.50 to 79.50 to wave, can the market or hope the us dollar against the Japanese yen in the historic lows again 75.99 forward, was not the reason for selling. And the dollar since the 0.8845 level last Friday CHF rise sharply over 2% to 0.9000 above is also caused by intervention, the Swiss central bank President XiErDeBuLanDe interview on Sunday, said if economic prospects and the developing situation in deflation when necessary the central bank will take more intervention measures, who doesn't want to hard, so who on earth will be hard?
From the standpoint of a hedge stronger yen the greatest chance of. Euro actually also is so, on the stage at the rate cut Della may not wish to euro's, the euro zone's debt crisis data showed that could lead to the double bottom the economy into a recession, at present the euro dollars a above 1.3650 still life, as the debt crisis is unlikely in the foreseeable future get real solution, the Greek after the relay has become Italy, market hedge mood will be warms up again, the euro against the dollar to test the final 1.35 psychologically, estimates that the European central bank is likely to cut interest rates next month 25 basis points, with long, prices will push 1.3350, below 1.30 after trying to level.
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