- 现货原油:
- 吨
- 现货沥青:
- 吨
- 现货铜:
- 吨
RrB, investment director of the Monetary Fund, said: "The U.S. dollar has been beaten badly. I think it is just the model capital flow caused by breaking through many technical levels." We may now see some stabilization ahead of tomorrow's US non-farm payrolls data.
A senior foreign exchange strategist at ABN AMRO believes that the current market’s doubts about when the Federal Reserve will raise interest rates again are rising. The only factor that prompts it to adjust its forecast is the further deterioration of the global economy; it is expected that the US dollar may appreciate somewhat, but at most it will rise moderately. The expectations take into account the possibility of a rather bad turn in the economy or a continuation of the gloomy start to the year.
The hourly chart of the U.S. dollar index shows
The U.S. dollar continues to tumble, underpinned by bullish sentiment, and oil prices fluctuate in twists and turns
Chairman Christine Lagarde pointed out on Thursday that the Federal Reserve has the responsibility to raise interest rates cautiously. Vice President Zhu Min pointed out that the recent volatility in the world economy will continue in the next few months but will not lead to a global economic crisis.
In terms of economic data, the overall performance of the economic data released by the United States that day was weak, which put pressure on the dollar. Among them, the performance of both the number of initial jobless claims and factory orders that week were lower than expected.
Specific data shows that the number of people applying for unemployment benefits for the first time in the United States in the week of March is expected to be 0.000. The previous value was revised from 0.000.
Analysts said that the number of initial jobless claims last week exceeded expectations, indicating that the labor market has lost some momentum amid a sharp slowdown in economic growth and a sell-off in the stock market; nevertheless, the number of initial jobless claims last week remained the lowest for a consecutive week. The longest period below 10,000 since the early 2000s indicates that the U.S. job market conditions are still relatively strong.
The monthly rate of U.S. monthly factory orders was -.% expected -.%. The previous value -.% was revised to -.%. Analysts said that affected by the strength of the U.S. dollar and weak overseas demand, the number of monthly new orders in the United States hit the largest decline in the past year, indicating that the U.S. manufacturing industry, which accounts for up to 10% of the economy, is under tremendous pressure. In addition, it will also face an increase in inventories. And the pressure brought by oil companies to reduce capital expenditures may continue to be in this downturn for some time to come.