FEX Exchange on May 8 and operation of the proposed exchange market

Wednesday the foreign exchange market in a very strong performance, mainly by the U.S. Federal Reserve official hard-line speech on the U.S. Federal Reserve rate cut cycle may be nearing the point of view at night and Europe announced in March retail sales data fell sharply in March and the German manufacturing orders continued to decline, as well as weakness in the United Kingdom The industrial output data increased the Bank of England to cut interest rates Thursday the possibility of the next boost. U.S. dollar strength. In the last two months to reach the highest high of 73.88, while the pound against the U.S. dollar dropped to two-month low of 1.9550 to continue downward. 1.9500 hit the lowest mark in the vicinity of an integer, and also to speed up the euro against the dollar and fell below the 1.5400 mark integer. To explore the minimum 1.5366, while the dollar hit 1.0600 Swiss francs once again integral points. Judging from the current situation as a whole, there are a lot of rumors that are reported, Europe and the United States do not want to see the depreciation of the dollar, at the same time, many policy factors are also happy to see the views of U.S. dollars, but in the near future European economic data showing weak Coupled with the announcement last Friday's non-farm accident data up under various factors. To alleviate the market for the U.S. economy into a deep recession fears sentiment. In order to continue to boost the strength of the U.S. dollar trend.

Africa and the United States currency:
The euro: the scope of today's volatility :1.5400-1.5150
Operational recommendations to short-selling of the euro continued to rebound. 1.5450 break strict stop-loss. Goals 1.5150

Yen: Today, the scope of :103.5-band 105.00
Operation: maintaining a high level of short-term bargain-hunting left. Risk control within 50 points.

Sterling: the scope of today's volatility :1.9400-1.9580
The proposed operation. Continue to bounce to short sell the pound. 1.9650 break strict stop-loss. Goals 1.9400

Swiss franc: volatility today :1.0530-range 1.0730
Operation, continue to buy back proposal. Risk Control 1.0480. Target 1.0730

Australian dollar: the scope of today's volatility :0.9280-0.9450
The proposed operation: bargain buy Australian dollars. . Strict stop-loss below 0.9230, 0.9450 short-term goals

Canadian dollars: the scope of today's volatility 1.000-1.0150
The proposed operation. Continue to maintain the highest bargain-hunting high throw. Risk control within 50 points.

Gold: Today, the scope of :871.30-band 855.30
Recommendation to short-selling of gold rebounded. 876 break strict stop-loss. 855 in the vicinity of the target point.

Foreign exchange risk. Operation to be cautious. Risk
FEX Exchange

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