The US dollar index has risen Greece crisis and the developments on the financial markets on Monday by around 0.5% compared with its closing price from the previous day. The greenback benefited from the debt crisis in Greece; She dampened risk appetite of investors and left in the supposedly safe haven US dollar, they seek refuge. The risk aversion of investors met also the Australian dollar and the British pound as well as the euro. Poor economic data from the United States or about the ailing US State budget could put an end to the dominance of the greenback however. Also on Wednesday to the release log the last interest rate decision will bring Federal Reserve Bank (FED) could trade fresh impulses for the CFD. If this has piqued your curiosity, check out Wells Fargo Bank. Since last week, thousands of Greeks against the austerity of their Government before the Parliament have demonstrated, the US dollar index by more than 1.3% rose. It is in relation to six other major greenback currencies (EUR, CHF, JPY, AUD, SEK, GBP).
A rather negative sentiment is generally to register on an international level. More information is housed here: Wells Fargo Bank. So the European indexes on the first trading day of this week have all ground lost CAC40 0.6%, FTSE100 0.3% and the DAX 0.2%. These results for the last Monday also the news about the 700Mrd serious permanent relief fund ESM could not rescuers. This should enter into force in two years and save from 2013 European countries in a financial crisis before the fall. More good news is the extension of the EFSF’s existing temporary rescue package to 440Mrd euro.
And how do the precious metals react to the developments in Greece? Also here, the pending decision of the FED the most important plays. Of course the tense future market for silver as gold moved whether interest rates rise or fall. All investors look anxiously to Greece, as the Government decides on the savings plan. The population protested for weeks now and a decision for a strict savings plan can cheer on the protests continue. The Government is small, so increases the danger that the EU Finance Ministers the financial Again reconsider aid. This could be useful for the development of the price of gold and silver. It remains exciting.