He wanted to go to 20200 pounds

Yesterday afternoon, a new record high of the euro against the dollar, from 1.60 US dollars only about 15 points. Onceas at present 16,000 fine. Not discount the euro is not favorable, because the European Central Bank has been in the inflation rate. And the appreciation of the domestic currency is bound to lead to the influx of hot money, inflation worse - the same as if the renminbi contrary, the United States recently announced inflation relatively minor and do not have a breakthrough 3%, which suggests that the Federal Reserve (Fed) does not inspire serious problem of inflation also cut interest rates under the premise of the space. Of course, in the backdrop of economic globalization, the United States, the situation will not be long-term inflation slightly, particularly in the substantial depreciation of the expected, the United States announced on the 15th Producer Price Index (PPI) to increase substantially, and this has led not Analysis of the United States agencies less inflation worries. Including yesterday, Fischer, vice chairman of the Federal Reserve, bluntly pointed out that continuing to cut to the dollar's depreciation may trigger serious inflation. His speech was clear that some euro bulls, the euro to fall to under 159. When wandering in the euro, pound sterling as beautiful scenery, day up about 300 points, has achieved a breakthrough in the 19,900. Forecast for today will test 20,000 pounds, and is likely to reach 20,200 before the end of the height. Of course, it all depends on the United States Subordinated Debt crisis on the impact of the British financial institutions, as well as the size of the British Government to save the country's financial institutions, the policies adopted. Yesterday, the sharp rebound in sterling, the direct reason for this is that the British Government might use unconventional means to save the market. My judgement is that the euro and the pound did not rule out cross-cover. From now till the end market remains concussion, which pounds the amplitude may be even greater. We can refer Yesterday, I wrote the commentary, according to the dollar index shock interval high parabolic Dixi.