*14:24JST Euro weekly Outlook: together, the ECB’s monetary policy is maintaining the status quo of the likely
■Sluggish growth,U.S.-China trade talks over the speculation in the Euro sold
Last week’s Euro・dollar is strong including. The UK General election, the ruling Conservative Party is dominant and from the perspective of the pound has rebounded and the Euro was high. Germany and Eurozone business confidence has slightly improved and that of the United States, political unrest is aware of this and also buying euros or so. Trading range:1.1003 dollar-1.1116 USD.
■Weakness from the ECB’s monetary easing measures are protracted than expected also
This week’s Euro・dollar weakness from. The European Central Bank [ECB]is 12 on 12, hosted by the Council of monetary policy of maintaining the status quo to determine the most likely, but the ECB is a large-scale monetary easing measures for a long life with the market’s view has not changed. Therefore, the New euros to buy the material is not provided, the Euro, the upper limit is somewhat heavy so.
Expectations:1.0930 dollar−1.1130 dollars
■Weak,U.S.-China trade talks of the protracted concern
Last week’s Euro・yen is weak, a temporary 120 yen 01 Sen will be sold in a scene there was. China-related indicators improvement of Lindsay buying euros is observed for the US-China trade talks are protracted and the concerns of some in the emerging,risk-averse Euro selling and yen buying is predominant for. The US dollar・yen and the yen’s appreciation in the direction swung this also affects the prices. Trading range: 120 yen 01 Sen−121 yen 02 Sen.
■Together, the ECB’s monetary policy is maintaining the status quo of the likely
This week’s Euro・yen is also contact from. The European Central Bank [ECB]is now in the Board of Directors of the current monetary policy to maintain likely. However, the accommodative monetary policy for the foreseeable future to maintain the policy, the market understood, and USD・Yen on a big move, if there is not a risk-averse Euro sell・yen, buy us to the strong possibility of a low being.
○Scheduled to be released in the Eurozone key economic indicators・notable events
・12 date: 10 August industrial production[9 months: month-to-month+0.1%]
・12 November:the European Central Bank Governing Council
Expectations:119 yen 20 sen−121 yen 20 sen《FA》