题目内容 (请给出正确答案)
[主观]

The US dollar reached an all-time low against the euro yesterday for the fourth straight day, briefly pushing the European currency above $1.33 before recovering slightly, amid concerns about the twin US deficits and the lack of any central bank action to stop the dollar's decline.

The dollar also dipped to a nearly five-year low against the yen, but later regained ground.

Yesterday, the euro rose to $1.3329 in early trading before dipping back to $1.3290 later in New York. The euro topped $1.32 for the first time the day before in European trading. US markets were closed Thursday for the Thanksgiving holiday.

The dollar also traded near its lowest levels since December 1999 against the Japanese yen yesterday, slipping to 102.56 yen, down from 102.81 late Wednesday in New York.

One reason the euro has kept rising is a lack of concerted action by central banks to support the dollar by selling holdings of the other major currencies.

"$1.35 is definitely on the cards now, as for how soon we'll get there, I'm not sure," said Riz Din, a currency analyst with Barclay's Capital in London.

"It increasingly looks as if, despite weaker data in the euro area, the prospects for intervention, are very, very low at current rates."

The latest dollar collapse, fueled by concerns over the US trade and budget deficits, has taken the euro from around $1.20 about two months ago.

Because the euro's rise tends to make European products more expensive, European leaders have voiced fears that it might hurt the continent's export-driven economic recovery. The European Central Bank's president has called the rapid increase "brutal".

But the dollar's weakness is good news for US exporters, helping make American products less expensive overseas.

Commerzbank economist Michael Schubert said speculation against the dollar was making its slide "a bit faster than I had expected".

"Obviously, it's difficult to stop the train," Mr. Schubert said in Frankfurt. A combination of intervention by central banks and positive US economic data could apply the brakes, he added.

Economists say the European Central Bank (ECB) is wary of intervening in the currency markets on its own and the United States Would be unlikely to join in such a move.

According to the text, the dollar

A.has reached its lowest level against euro yesterday.

B.was lower than euro in the past four continuous days.

C.is still staying in a worse position than the yen.

D.kept failing despite the central bank's adoption of active measures.

查看答案
更多“The US dollar reached an…”相关的问题
第1题
-How()is it-One dollar

A、few

B、many

C、much

点击查看答案
第2题
dollar()

A、木材

B、美元

C、篮子

D、塑料

点击查看答案
第3题
Passage 6The U.S. dollar was supposed to be at the end of its rope. Kicking the bucket. A
Passage 6
The U.S. dollar was supposed to be at the end of its rope. Kicking the bucket. A dying symbol of a dying empire. Well, maybe not. The dollar continues to _1_ gloom-and-doom predictions. After a swoon (低迷)last year, the dollar is again enjoying a major _2_. The U.S. dollar index, which measures the dollar’s value against other major currencies, is just off an eight-month high. The main reason behind the dollar’s recovery is actually no real surprise at all. There is no _3_ able to replace the dollar as the world’s No.l currency. What makes currencies so fascinating is that their perceived value is always relative to other currencies. Sure, the U.S. budget deficit is _4_, the government’s debt is increasing, and Wall Street is still repairing itself. But the dollar remains the prettiest of a flock of ugly ducklings. Is any other major industrialized economy _5_ better off than the U.S.? Not really. Just about the _6_ developed world is suffering with the same problems. That’s why when investors get nervous, they still rush to the good old dollar. The dollar wins because no one else is really in the game. The euro has been exposed as a _7_. Only a few months ago, economists truly believed the euro could _8_ the dollar as the top reserve currency. Now experts are questioning if the euro has a future at all. The Greek debt crisis has _9_ that the euro is only as strong as its weakest link. Maybe over the next 20 or 30 years,the dollar will slowly lose the _10_ status it holds today. That process, however, could well be driven by the appearance of new rivals.
A)fraud
B)consistently
C)dominant
D)expanding
E)entire
F)incentive
G)rival
H)alleged
I)defy
J)particularly
K)alternative
L)relative
M)revealed
N)intriguing
O)rally
第1空答案是:


请帮忙给出正确答案和分析,谢谢!
点击查看答案
第4题
The following scenario relates to questions1 to 5.Herd Co is based in a country whose curr
The following scenario relates to questions 1 to 5.
Herd Co is based in a country whose currency is the dollar ($). The company expects to receive €1,500,000 in six months’ time from Find Co, a foreign customer. The finance director of Herd Co is concerned that the euro (€) may depreciate against the dollar before the foreign customer makes payment and she is looking at hedging the receipt.
Herd Co has in issue loan notes with a total nominal value of $4 million which can be redeemed in 10 years’ time. The interest paid on the loan notes is at a variable rate linked to LIBOR. The finance director of Herd Co believes that interest rates may increase in the near future.
The spot exchange rate is €1·543 per $1. The domestic short-term interest rate is 2% per year, while the foreign short-term interest rate is 5% per year.
What is the six-month forward exchange rate predicted by interest rate parity?
A.€1·499 per $1
B.€1·520 per $1
C.€1·566 per $1
D.€1·588 per $1
As regards the interest rate risk faced by Herd Co, which of the following statements is correct?A.In exchange for a premium, Herd Co could hedge its interest rate risk by buying interest rate options
B.Buying a floor will give Herd Co a hedge against interest rate increases
C.Herd Co can hedge its interest rate risk by buying interest rate futures now in order to sell them at a future date
D.Taking out a variable rate overdraft will allow Herd Co to hedge the interest rate risk through matching
Which of the following hedging methods will NOT be suitable for hedging the euro receipt?A.Forward exchange contract
B.Money market hedge
C.Currency futures
D.Currency swap
Which of the following statements support the finance director’s belief that the euro will depreciate against the dollar?
(1) The dollar inflation rate is greater than the euro inflation rate
(2) The dollar nominal interest rate is less than the euro nominal interest rate
A.1 only
B.2 only
C.Both 1 and 2
D.Neither 1 nor 2
As regards the euro receipt, what is the primary nature of the risk faced by Herd Co?A.Transaction risk
B.Economic risk
C.Translation risk
D.Business risk

请帮忙给出每个问题的正确答案和分析,谢谢!
点击查看答案
第5题
Jessie lived in the country, but one year she decided to visit the capital city to do some shopping and to see the sights. She stayed at a hotel near the central market. She had seldom been to the city before, and was very excited about what she would find. On the first morning of her visit, as she walked from the hotel to the market, she passed a beggar.
He was holding up a notice which said, “Blind from birth. Please give generously.”
Jessie felt sorry for the blind beggar and she bent down and put a dollar coin into his bowl.
“Thank you,” he said.
On the third day, however, Jessie did not have a dollar coin. She had only fifty cents, so she dropped this into the beggar's bowl.
“What have I done wrong?” the beggar said, “Why are you so stingy (吝啬) today?” Jessie was very surprised by what the beggar said.
“How do you know I haven't given you a dollar?” she said “If you are blind,you can't know what coin I put into your bowl.”
“Ah,” explained the beggar,“ the truth is I'm not blind. I'm just looking after this place for the regular beggar while he's on holiday.”
“On holiday!” Jessie exclaimed. “And what exactly does your blind friend do on holiday?”
“He goes into the country,” the man said, “and takes photographs. He's a very good photographer.”
1)、The beggar was sitting in the busiest part of the city.
A.T
B.F
2)、On the first day Jessie gave the blind man some money.
A.T
B.F
3)、On the third day, the blind man noticed that Jessie had only given him fifty cents.
A.T
B.F
4)、The regular beggar went on holiday to another country.
A.T
B.F
5)、The beggar Jessie gave money to is working for his beggar friends.
A.T
B.F
点击查看答案
第6题
直流斩波器的导通比α=ton/T,降压斩波器的输出电压ULD=()。

A、αUS

B、US/(1-α)

C、(1-α)US

点击查看答案
第7题
Shall ______ turn left at the crossing?A、IB、youC、theyD、us
Shall ______ turn left at the crossing?
A、I
B、you
C、they
D、us
点击查看答案
第8题
The guide conducted us around the ruins of the ancient city.(英译汉)
The guide conducted us around the ruins of the ancient city.(英译汉)
点击查看答案
第9题
During the War, the fundamental documents of the US,__________, was drafted and issued in 1776.
点击查看答案
第10题
The opening ceremony is a great occasion. It is essential ______ for that.A.for us to be p
The opening ceremony is a great occasion. It is essential ______ for that.
A.for us to be prepared
B.that we are prepared
C.of us to be prepared
D.our being prepared
点击查看答案
第11题
Jane cannot drive us downtown, for she has ___to take us all.A.very small a carB.too sm
Jane cannot drive us downtown, for she has ___to take us all.
A.very small a car
B.too small a car
C.so a small car
D.such small a car
点击查看答案
发送账号至手机
获取验证码
发送
温馨提示
该问题答案仅针对搜题卡用户开放,请点击购买搜题卡。
马上购买搜题卡
我已购买搜题卡, 登录账号 继续查看答案
重置密码
确认修改
搜题
如果结果不匹配,请 联系老师 获取答案
搜索
如果结果不匹配,请 联系老师 获取答案