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European debt crisis once again returned to the people's sight. This week Isaiah Johnson Big Tall Jersey , the euro against the U.S. dollar hovered at a low since early. Irish investors are expected to stage a comeback in countries such as breach of contract, which makes the German government bonds of similar bond spreads soared to record highs, but also weighed on the euro. However, analysts believe Maxx Crosby Big Tall Jersey , because the processing power of the euro zone inflation than the United States, the euro is still up opportunities.
9, Asian and European trading session, the euro extended losses. Beijing at 16:55 on the 9th Trayvon Mullen Big Tall Jersey , the euro-dollar exchange rate reported $ 1.3847, down 0.52%; euro reported 楼 111.97 against the yen, down 0.89%. A day earlier, these two were touching the lowest since November 2 level of $ 1.3887 and the lowest since November 2 level of 112.67 yen.
Recently Johnathan Abram Big Tall Jersey , the market once again turned to the debt problem in Europe, questioned whether Ireland, the country's huge budget deficit to solve the problem. Affected by this, the Irish 10-year yield rose 8 basis points to 8.05% in 22 Josh Jacobs Big Tall Jersey , and German government bonds widened to 548 basis points spread, a new record high. At the same time, the Spanish Treasury credit default swaps (CDS) has increased over the past two weeks, 25% to 261 basis points. Bond yields and bond prices are usually inversely proportional to the CDS price is usually proportional to the expected default.
Overseas media reported that the EU Economic and Monetary Affairs Commissioner Olli Rehn is currently working with the Irish government officials to discuss the country's spending and tax cut plan. "Europe is experiencing the turmoil Clelin Ferrell Big Tall Jersey ," Commonwealth Bank of Australia currency strategist in Sydney Yuesefuka peso, said, "downside risks to the euro."
However, not all analysts agree that a change soon after the euro's strength against the dollar to start major revisions. Mellon Capital Management director and global investment strategist Jonathan Hungary said that although there are debt problems the euro zone Antonio Brown Big Tall Jersey , the euro-dollar exchange rate will still rise, as compared with the Federal Reserve, European Central Bank handle the problem of inflation better.
Valentine, currency strategist at Citigroup Rui Ma Ivanov also said the euro sell-off may be easily reversed in the next few days there Derek Carr Big Tall Jersey , because Ireland is expected to benefit from exports to Asia, while Greece's election results will be positive for the euro. He added that the euro zone economic data to improve the euro may ease the intense selling pressure.
Economic forecasting firm Global head of sovereign risk line of sight will be the disorderly situation Jane Randolph blamed Germany. He said that Germany proposed the creation of European crisis management mechanisms leading to high cost of financing the national debt soaring again, again these countries at risk.
Last month, German Chancellor Angela Merkel proposed to set up a two-stage crisis management mechanism Bo Jackson Big Tall Jersey , which determined the future euro countries the debt crisis from happening again, bond investors have to share losses. However, do not agree with the European Central Bank President Jean-Claude Trichet, said that such proposals may make Ireland the euro area high debt situation in the country worse.
Doing the same thing over and over again on holiday and vacation each year can get repetitive and boring. If you are looking for a little excitement Hunter Renfrow Authentic Jersey , choose an activity and pursue it on holiday this year. Activity holidays in Europe are slowly gaining popularity among people looking for a something out of the box. Not only will an activity holiday break the tedium of everyday life but provide you an opportunity to spend your holiday having fun.