The US dollar index continued its decline, hitting an intraday low of 96.56;
The euro rose against the US dollar for the eighth consecutive trading day, refreshing the high point of 1 1 to 1. 1362 since March, the longest consecutive increase in nine years;
The exchange rate of the euro against the yen hit a new high in a year. With the European Central Bank stepping up its stimulus, the market predicts that Europe may get rid of the recession caused by the epidemic faster than the United States.
The dollar fell across the board against the G- 10 currency, except for the Japanese yen and the Canadian dollar;
The Norwegian krone led the gains for the second consecutive day.
The US dollar index fell by 0.58% to 96.75; In the past two weeks, the dollar has been falling, because the risk sentiment has improved, the stock market has risen sharply, and investors are optimistic that the worst of the economic downturn triggered by COVID-19 has passed. However, the stock market rally seems to have lost momentum on Thursday, and the Wall Street stock market fell before the release of the non-farm payrolls report on Friday.
EUR/USD once rose 1.2% to 1. 1362, the highest level since March 1 1; EUR/JPY once expanded to 65,438+0.3% to 65,438+023.97 JPY; A trader in London said that as the spot rose, someone bought the 1 month put option.
The European Central Bank increased the size of the Emergency Asset Purchase Program (PEPP) from 750 billion euros to 1.35 trillion euros (1.52 trillion US dollars), exceeding the increase of 500 billion euros expected by most analysts, and extended the program to 5,438+0 in June 2026, and promised to mature bonds at least before the end of 2022.
Jamalehi, global market strategist in JPMorgan Chase, said that this highlights the commitment of the European Central Bank to support recovery, and the euro zone is likely to get rid of the recession caused by the COVID-19 epidemic faster than the United States and Britain.
USD/JPY USD/JPY rose by 0.20% to 109. 1 1, and rose to 109.20 earlier, the highest since April 7. The dollar fell 0.59% against the Swiss franc to 0.9555, hitting 0.9544 in intraday trading, the lowest since March 30.
Sterling rose 0.3 1% against the US dollar to1.261,hitting 1.2633 earlier, the highest since April 30th. At the end of June, there was still no breakthrough in the negotiations between Britain and the EU.
The Canadian dollar fell against the trend, and the US dollar rose 0.04% against the Canadian dollar to 1.3500. Canada will release a monthly employment report, which is expected to show that the unemployment rate has reached a record high. EUR/USD rose 0.30% to 0.6942, hitting an intraday high of 0.6988, the highest since 65438+1October 3. A trader in Asia said that leveraged funds are selling. Due to the increase in risk appetite, the Australian dollar has become one of the best performing currencies in the near future. The New Zealand dollar rose 0.65% against the US dollar to 0.6464; It dropped by 0.3% before.
After reading the current situation of foreign exchange trading, let's take a look at the current situation of the foreign exchange market:
The foreign exchange market is still a new thing in China, and few people know it, let alone those who participate in foreign exchange investment. However, the foreign exchange market has been fully developed abroad. The daily trading volume of the global foreign exchange market reaches 2.5 trillion US dollars (about 20 trillion RMB), which is more than 1 1,000 times that of the China stock market. The daily trading volume of the foreign exchange market exceeds the gross domestic product (GDP) of China in one year, and is also equivalent to 10 times of the US stock market.
This is the largest market in the world, with a daily turnover of more than $2 trillion. Its scale and far-reaching influence are unmatched by other markets. This is a global market, a virtual trading space. Hundreds of millions of individuals and institutional investors all over the world conduct foreign exchange transactions in this field. The competition between intelligent game and trading technology is fierce, and wealth flows everywhere in this space, realizing the dynamic balance of global wealth. This market is full of opportunities and challenges, and its unique allure fascinates investors.