The U.S. Federal Reserve (Fed) painted a subdued picture of the state of the U.S. economy and thus the dollar exchange rate will continue in distress brought. Thus, the euro rate climbed up to date on the mark of 1.37 dollars and reached a multi-month high at $ 1.3756. The greenback cheaper to 72.69 euro cents.
criticized in its monetary policy assessment, the Fed in particular the relatively high unemployment at 9.4 percent, low inflation and low credit availability. So that it justified the re-expansionary monetary policy and the purchase program of government bonds worth 600 billion dollars. U.S. central bankers left the benchmark interest rate from 0 to 0.25 percent as expected.
to soar in 2011 of € its U.S. dollar exchange rate could also contribute to a reduction of the debt problem. The euro zone received a clear vote of confidence by international investors in the joint placement of bonds of the rescue.
So the United States under the name Financial Stability Facility (EFSF) firmierende emergency fund could easily take five billion euros in the debt capital markets. The EFSF-bonds are regarded as precursors of joint Euro-bonds and have the highest possible credit rating of "AAA". Liable for the bonds, among others, fiscal policy strongest countries in the euro area (Germany, France, Netherlands, Austria, Finland and Luxembourg). Technically, the chart has
U.S. dollar exchange rate in 2011 is also a serious The euro climbed over the standard 50-day and 100-day moving average. This further increases over the medium term have become more likely. On the way up, the euro is an important resistance at EUR / USD 1.3780 overcome. Thereafter, the single currency could once again take the mark of 1.40 targeted.
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