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lundi 1 août 2011

The dollar will collapse, along with the World Bank and International Monetary Fund

Printing paper from the U.S. and marketed as a dollar to be arriving to the stage, but the return and the point of collapse has started to show featuresAmerica is now printed on paper dollars under the pretext of ensuring that the U.S. economy has to finance its military operations and there seemed to expect the fall of the dollar and the withdrawal of many of the currencies of itsAllahmk Esther us and Muslims will be money for goods and stocks and real estate firms are more secure after God for your money invested and stay away from currencies======

====Dollar continued to receive «mauled» with weak U.S. economic data
«Citigroup»: the green currency will rebound in the second half of this year

London: «Middle East»With the end of trading week, closing the global financial markets on Saturday and Sunday, the lower the exchange rate of U.S. dollar to a record low against the euro after official data showed the U.S. economy grew less than expected in the first quarter of the year.The dollar fell after the data release to pay the single European currency to a record 1.3683 dollars, its highest ever level, surpassing its previous record of 1.3666 dollars in December (December) in 2004.
Thus, the euro in late European trade on Friday, has risen more than 2% against the greenback this month. Against the Japanese currency dollar fell to 119.11 yen from 119.25 yen.
The common European currency, having been raised in the exchange markets, the global price of $ 1.17 in January (January) in 1999, had lost 25% of its value during the 18 months following in light of concerns about the economic outlook for the euro area, and the struggle of political leaders in Europe in order to reach an agreement on economic reforms.
The U.S. Department of Commerce, the day before yesterday, that the weakness of exports and steady decline in spending on homebuilding helped slow U.S. economic growth to its lowest growth rate in four years in the first quarter of this year.
And grew gross domestic product, which measures the total output of goods and services within U.S. borders annual rate of less-than-expected 1.3 percent in the three months to March 31 (March).
This is slightly higher than half the rate of growth in the fourth quarter of last year, of 2.5 per cent, much lower than analysts' expectations on Wall Street, that was 1.8 per cent, according to data reported by the Reuters news agency. The transactions took place on the common European currency at 1.3675 dollars following the growing optimism about the economic outlook for the euro area, consisting of 13 countries. The euro has already registered during the past few weeks, a record high against the Japanese currency yen.
And create the euro's rise the last stage for further developments in the currency markets, including the decline in the Japanese currency. Will be discussed during the meetings are important for economic officials from several countries in the coming months including a meeting of leaders of the Group of Eight meeting in Germany in the month of June next.
Said Holger Chmiding economist Bank of America, said that the eurozone economy is booming and the euro gets some of that luster. But analysts expect it to lead a series of positive economic data, which was finally released from the Eurozone to raise ECB interest rates by 25 basis points again in June, this would be the eighth increase of the bank in borrowing costs, since the cycle began raising interest rates in December 2005.
While analysts say that the Council of the U.S. Federal Reserve (central bank) faces a dilemma in how to deal with renewed worries about inflation, at a time when the country's economy than doubled so that the Bank has a potential to reduce the basic rate for lending his current level of 5.25%.
With weak U.S. economic data and the direction of the economy towards more of decline, amid the increasing likelihood of lower interest rates in the United States, as well as widening the U.S. trade deficit, which may have started out of control, the survival prospects of the dollar in the foreseeable future is likely to remain.
In this context, a report issued by the group «Citigroup» Finally, the U.S. dollar is likely to remain weak in the foreseeable future, but he is expected to improve in one way or another with the U.S. economy gain momentum in the second half of this year.
A view supported by his David Wolf, chief strategist and head section for Alaguetsidi «Merrill Lynch» in Canada, where he says in this context: «the demand for U.S. assets remains strong, and way beyond the expectations of many analysts».
He said the Wolf: «does not seem such a request by the strong enthusiasm for the performance of the U.S. economy, or expectations about the housing sector, but because the United States has the deeper and more liquid market in the world».
The report of Citigroup, that in the medium term will enhance the strength of the single European currency (Euro), with the improvement of the global economy and increasing prices of raw materials, and promote exports of European companies, especially to the emerging economies of Asia. But the report stressed that the performance of the dollar against Asian currencies will weaken, especially against the Chinese yuan.
But in return, warned Bill Gross, chief investment officer in the «Pacific Investment Management», a giant fund to invest in bonds, on Monday the impact of the approach of the dollar from its record high of $ 1.3670 to the euro.
Gross said: «the dollar is close to down below the levels of support, and if it did, it will have a major impact on all markets», saying damage to the bond markets of the growing concerns of U.S. inflation and external financing.
Gross and not the only one who sees it, he said Neil Mackinnon, chief economist of the group «no. C. U», a hedge fund in London, manages assets worth about 1.3 billion dollars: «The price of a dollar collapse would be great».
He added that the sharp acceleration in the loss of the dollar could raise flags of danger with respect to U.S. inflation and interest rates is concerned about U.S. financial assets, weakening the massive foreign purchases on which these assets and limit the risk appetite everywhere. If ratified Thalilathma, rising borrowing costs and widening disparities between interest rates and the growing financial turmoil in general are threatening to cut quickly share prices very high, which were the reasons for high turnout managers to buy controlling stakes in their companies with borrowed money and expectations of continued global economic growth.
But markets do not seem to feel any concern. At a time when record lows the dollar on Wednesday, has achieved global stock markets at record highs, bringing the Dow Jones U.S., surpassing the level of 13000 for the first time and recorded the highest levels of European indicators in six and a half years.
Economists said the «Credit Suisse» other assets that the markets will not notice when the dollar's decline, but is concerned about the Federal Reserve about inflation. They wrote in a note to clients this week «in our opinion, the weak dollar is not a problem because the cause to raise interest ... But we believe that this will not happen unless the dollar drops to $ 1.50 for the euro ».
As long as these countries are not prepared to reduce the value of the dollar against currencies including limiting exports, it is unlikely a sudden disturbance in the demand for U.S. bonds.__________________
 

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