Business and Capital Market Analysis !!!

Movement of dollars on this night (31/10) to be strengthening against major currencies. Send back dollars triggered by the high risk aversion in action again to the position of dollars. The weakening market conditions in Asia, especially Japan and the stock exchange of Hong Kong investors to make the return chase dollars. Furthermore oil prices going down which currently has a range down to 63 dollars / barrel.

The strong risk aversion phenomena overcome the positive sentiment generated by the economic data decrease in the level of inflation in October that Europe experienced a decrease of 3.2%. Euro is currently experiencing a decrease of 1% to 1.2769 dollars. Meanwhile, the yen, euro weakened seebsar 1.9% become 124.95 yen. and from the analysis, movement euro is expected tend to be flat. Towards the policy appointed trimming interest rates by 50 basis points by the ECB in the next week.

On the other, the exchange rate for dollar against yen on the evening of this impairment. after appointed policy by trimming the BoJ interest rate by 50 basis points, yen started to creep up. Dollar at 97.94 yen at the position. In October, the exchange rate of dollars to have been recorded a decrease of 8.5%.

Dollars estimated to further movement will still under pressed, pending testimony Fed Governor, Ben Bernanke is scheduled to give views on the U.S. economy at this time.