US Retail Sales Are Good And US Dollar Rebounded Temporarily

　　 Europe "The stronger the euro, the more loose monetary policy is," Noah, a member of the central bank's management committee, said on Monday. The above speech is the strongest signal that the European Central Bank has so far acted to curb the further rise of the euro. In addition, IMF[micro-blog officials also spoke in support of the easing of the European Central Bank's push and encouraged the European Central Bank to encourage the practice of ABS trading by relaxing the trading rules for low-risk debt packages. On the whole, the market's expectation of easing the ECB's future policy will be strengthened in the future, which will create some pressure on the trend of the non US currencies such as the short term euro.

Yesterday, U.S.A The good data also exacerbated the change in the market sentiment. Retail sales in the US rose in March, the largest monthly increase since September 2012, mainly due to sales growth in car sales, clothing and gardening products in that month. Data show that the US retail sales month rate increased by 1.1% in March, with an expected growth of 0.8%. The former value was revised up by 0.7%, and the initial value increased by 0.3%.

Although the Fed's attitude was slightly dovish in the past, the US data were good and market expectations. Federal Reserve There is a possibility that monetary policy will be tightened in the future, so that the US dollar will benefit from it. There is no guidance for big data in the current market, but the change of market sentiment will also determine the trend of short-term market.

The focus of the day's basic market is mainly in the US side. In the evening, it is recommended to pay attention to the US consumer price index in March. Besides, the real estate data in the United States will also be the focus of attention. Meanwhile, the economic data in the UK and the euro area need to be paid attention to.

The US dollar index (79.6200, -0.2000, -0.25%):

The US dollar rebounded slightly yesterday, and technology is favourable to the US dollar's outlook. In addition, the attitude of the European Central Bank has played a certain role in boosting the US dollar. Investors in the short term are concerned about the support of the US dollar index near 79.50, and the radical can consider doing more in low selectivity. The current US data are expected to go well.

　　 EUR / USD:

The euro fell yesterday. On the technical side, the euro crossed the line last week. Yesterday, it opened up and continued to go down. This is a clearer short signal. Investors in the short term are concerned about the pressure on the euro near 1.3880. The radical can consider this blocking and emptying, and investors in the bottom need to pay attention to the support of 1.3800.

　　 GBP / USD:

The pound was not large yesterday, but the short term technology also appeared like the euro. The operation suggested that investors should be concerned about the pressure of sterling at 1.6760. There are more data in the United Kingdom at noon, and the impact on sterling is relatively large. It is suggested that the investors should pay attention to the high pressure and try to be short.