according to icon financial May 16 announced last week, the last trading day of the United States April consumer price index (CPI) rose 3.2%, higher officials and economists expect the Federal Reserve. Although the United States Government, April overall CPI rise was mainly attributable to higher energy prices, and that the monthly core CPI increased at a slower 1.3%, below the 1.5% this year the Fed deems appropriate interval. In overall inflation, while core inflation rate case of little change, the Fed is unlikely to face of tightening monetary policy in the short term there is an urgent need. However, in our view, the steadily rising CPI figures will still be the market on inflation not lightly, will continue to pay special attention to signs of rising core inflation rate, once interest rates will form strong support against the dollar again.
is of concern, some fund managers, investment advisors and retail investors have even from short to long on dollars. Mass of investors are betting practices changed in risky assets will continue to rise. United States commodity futures trading Commission (CFTC) on Friday (13th) report shows that as of May 10 weeks, speculators holdings of US dollar NET short position significantly reduced display market for us $ attitude began to change. In addition, euro net long positions held by the speculators last week fell to 61,447 hands, compared to previous 99,516 hands plunged nearly cent of a week, a week before the euro net long positions for the highest level since July 2007. Have reason to believe that haven demand heating up, and the dollar speculative markets to flip, all indicate the Outlook of the dollar would continue to rise. Judging from the present market trend, long on the dollar will become the mainstream view in the market for a certain period.
financial event
