Usd/chf Has Larger Risks To Decline

Forex News--The forex analyst said on Thursday that USD/CHF will continue to have weak consolidation. With the weak dollar index, the forex price of USD/CHF has larger risks to decline.
In the morning session of forex market on Thursday, the forex price of USD/CHF hit the history low of 0.9488, and the forex price moderately rebounded above 0.9500.
The forex analyst pointed out that the daily chart of USD/CHF was bearish, within which the MACD indicator was also bearish.
He predicted that the above resistance of the forex price is 0.9460.

Forex News-india Central Bank May Interpose In Forex Market

The official, who is in charge of forex management issue in India, said that they are not the forex traders, so they won’t buy USD actively.
And then, the fluctuated trend of forex rate is temporary. The import and export condition will determine the forex rate level.
However, it is not exclude the possibility that the India central bank conducts intervention action to forex market.
The official in central bank said that India always prepares for any forex rate fluctuation.

It Is Not Suitable To Simplify The Foreign Exchange Reserves Diversification

First of all, it is not the one and the same thing of the RMB internationalization and foreign exchange (forex) reserves diversification.
RMB internationalization is the long-term object. In view of the reality in China, what China should take into consideration firstly is to protect the safety of the 2 trillion U.S dollars forex reserves.
And then, the forex reserves diversification can on account of the position and the function of the real reserves, but it is unfavorable to be excessive.
The foreign exchange (forex) reserves, fundamentally, should consider the liquidity and safety.
In the era of resource approaching, it is a choice for China to purchase the insufficient energy and resource with the foreign exchange (forex) reserves. Therefore, the issues relevant the diversification foreign exchange (forex) reserves is the cautious and constantly perfected process.

“what Complicated Factors China Needs To Take Into Consideration With Accumulating Japan Government Bonds”

In the first six months this year, China accumulated the Japan government bonds, which caused extensive concerns from the forex market.
Whether the China is on account of the long-term consideration of decentralizing the foreign exchange (forex) reserves risk to avoid the forex reserves capital depreciation or the short-term of Yen and Yen capital become the important part of the foreign exchange (forex) reserves, even the part of RMB internationalization is unknown.
The action China accumulating the Japan government bonds more should be in view of short-term consideration.
For the China whose has more than 2 trillion U.S dollars, it is very important to manage the foreign exchange (forex) reserves, especially to hedge the foreign exchange (forex) reserves risks.

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