The dollar's rally international commodity or sound of a City News _ _ _ Sina Sina Financial
Posted on May-31-2008· by china investor
â–¡ this reporter Wang Chao
The dollar against other major currencies rebounded significantly suppressed, last night on the international market commodity futures prices fell, the majority of species below the key psychological level.
As of 20:30 last night, the dollar closed at 72.83, the New York Mercantile Exchange, August gold futures contract fell 6.7 to 899.1 U.S. dollars / oz; three-month London copper violence down from 200 to 7,935 U.S. dollars / ton, while zinc and nickel dropped to nearly Over the past two years the lowest point, the three-month aluminum fell below the 3,000 to 2,911 U.S. dollars / ton, or 58.5 U.S. dollars. But the two cities, New York and London crude oil futures prices barely rose to above 130 U.S. dollars, of which the New York Mercantile Exchange July contract closed at 130.44 U.S. dollars / barrel, the slight pick-up 0.12 U.S. dollars.
å’Œè½¯å•†å“æœŸè´§å“ç§æ–¹é¢ï¼Œé™¤äº†èŠåŠ å“¥å¤§è±†æœŸè´§å°å¹…上扬以外,å‡å‘ˆå›žè½å±€é¢ã€‚ Other and soft commodity futures varieties, in addition to Chicago soybean futures rose slightly, both down the situation.
Dollars, the hard-line speech by Federal Reserve officials, crude oil prices fall and the stock market a strong boost the trend, the European currency on the 29thåˆç›˜dollar higher against major currencies, the euro against the U.S. dollar fell below key support at 1.56 dollars. Prior to the Dallas Federal Reserve Bank President Fisher said that if the situation continues to worsen inflation, monetary policy is expected as early as possible to make adjustments. Similarly, the Minneapolis Federal Reserve Bank of Stern also noted that only the timely adjustment of monetary policy, the Fed may be only the inflation rate and inflation rate expected in the lower level of control.
The United States on the 28th of April durable goods orders fell only 0.5 percent, far lower than the market had expected a 2.0 percent drop; together with the international oil prices since 135.09 U.S. dollars / barrel record high of decline, and the Dow Jones industrial average On the 28th index closed up 0.4 percent, on the 29th Nikkei Index rose 3 percent, the foreign exchange market to U.S. dollars an all-time high popularity.
chinainvestor:本版contents of the article was supplied by MarketWatch, does not constitute investment advice. Investors this operation, own risk.
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