After Greece

After Greece, and Italy, and Spain the successive shocks of the debt crisis, investors psychological ability seems to get more "resistant". So when this week Portugal when the debt crisis highlights, instead, the euro exchange rate fluctuations relative gentle, euro-dollar exchange rate has not decreased significantly. In foreign exchange markets to highly sensitive information This passivation, Can be attributed to three main reasons: first, holiday effects, and the other is risk aversion and the third is excessive digestion. We talk about risk aversion. So-called risk aversion refers to when the market suffered large systemic risk, most people in order to avoid greater damage to property and fled a mood of the market. Risk aversion is clearly heating up of the current foreign exchange market, on the one hand from the growingEuropean debt crisis, which led by major non-US dollar currency flexibility in euros lower, while US investors to lose confidence in the dollar of the debt crisis, let alone the United States of quantitative easing monetary policy is inherently negative dollar. In the Forex market, risk aversion, warming will erupted in a or in the currency of a particular property. Currency massive that is sought after, butSurely there are currency sold off. In the Forex market in the past, the euro and Swiss francs belonging to hedge currency, in other words, once risk aversion rise, euro and Swiss franc will be influenced by investors. But now sold off mainly of currency is the euro, other currencies such as the Swiss franc, pound sterling, although declines, but weak trend. Popular currency exchange rate and market feedback,Yen. Dollar repeated testing new lows against the yen. At the same time the old republic power leveling, recent Japan's Finance Ministry intervened in excessive appreciation in the yen. ����Yen and Yen assets due to relative safety, became favorite of investors. In addition to the yen, another channel of risk aversion is gold. Despite fluctuations in gold prices, but on the whole has been high. Enthusiastically buying the gold price higherHold its own, reflecting investors ' risk aversion become main factors influencing the decision. In the foreign exchange market next week, the market will pay more attention to economic data in Europe and, to this degree of judgment or analysis of economic deterioration. In addition, because this week Japan's Central Bank officials frequently made remarks on Yen, we can pay attention to Japan's Finance Ministry admission intervention again. Once the admissionInterventions swtor power leveling, short to consider homeopathic buying dollars against the yen, then consider buying the yen again.