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Liu Xuefeng: The Two Major Central Bank Meeting Minutes Have Become The Focus Of Today's Attention.

2014/5/21 22:25:00 34

Liu XuefengCentral Bank MeetingExchange Rate

First of all, the Bank of England released the meeting minutes at 16:30 today in Beijing. Although the UK inflation data released earlier, it gave birth to the anticipation of further advance in interest rates. However, the governor of the Bank of England, Carney, said in a speech that the British real estate market has been rising too fast. Once the control is not good, it is likely that the real estate market bubble will be spawned again. Compared with the real estate industry, the recovery of other industries is not as prosperous as expected. Interest rate Conference For the real estate statement will be particularly important. If the Bank of England does not consider the recovery of other economic sectors, and in order to prevent the formation of the real estate bubble and advance inflation, the pound will rise sharply under the effect of the increase in interest rate expectations, but this possibility is very small. From the perspective of the overall policy of the Bank of England, the healthy and healthy development of the national economy has always been the goal pursued by the central bank. If the Bank of England can prevent new bubbles in the real estate market and stabilize the recovery of other industries, there will be no urgent increase in interest rates, which will suppress the pound's downward trend. But in the long run, it will be of great help to the direction of the healthy recovery of the British economy, so the Bank of England interest rate meeting minutes will have a greater impact on the real estate policy formulation.


Tomorrow morning at 2:00 in Beijing time. Federal Reserve Almost no growth has been shown, but the Federal Reserve still cuts the amount of debt purchased by US $10 billion according to the plan, which is mainly based on the signs that the recovery of the US economy will regain good momentum after the bad weather. Then, the minutes of the conference on interest rates announced tonight will focus on the expression of the Federal Reserve's future economic recovery in the United States, and whether it will speed up the reduction of the scale of debt purchase or the words of raising interest rates ahead of time. Once the remarks on possible advance interest rates are involved, the US dollar will resume the upward trend, and it is expected to further test the 80.60 key medium-term resistance levels. However, as long as there is no signal of interest rate hikes, the US dollar will not see a big decline in the medium term, and the euro will continue to shock and correct the market downturn, so as to wait for the new bad news to emerge and reopen the downside. A summary of the April 30th Conference on interest rates will be released, though GDP data for the first quarter.


   main currency Trend analysis


The US dollar index today is 79.95 and 79.85 below the support level, and the upper resistance level concerns 80.20 and 80.35.


Europe and the United States today support 1.3680 and 1.3650 below, the upper resistance 1.3735 and 1.3770


Britain and the United States today are 1.6820 and 1.6785 below the support level, and 1.6850 and 1.6910 above the resistance level.


Japan and the United States today are 101 and 100.70 below the support level, 101.45 and 101.75 above the resistance level.


Today, the US undertakes 0.8900 and 0.8865 of the support position below, and 0.8940 and 0.8970 of the upper resistance level.


U.S. and Canada undertook 1.0890 and 1.0865 below today, 1.0930 and 1.0965 above resistance level.


Australia and the United States today support 0.9200 and 0.9155 below, 0.9280 and 0.9310 above resistance level.


Gold undertakes 1290 and 1284 below today, 1303 and 1310 above resistance level.

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