Non-dollar currencies tumbled by which the international hedge funds flee species.

<P> A non-dollar currencies as the yen and government bonds plunged stock prices soaring </ P> <P> G20 summit has just ended, another unexpected drop in global financial markets yesterday, almost simultaneously with the A shares fell, the international foreign exchange .the market also suffered non-dollar currencies tumbled, the euro fell below 1.22 again, the Australian dollar also return to 0.86 below. .At the same time, hedge the currency the yen rose against the market trend, the United States, Japan and the domestic bond market prices have also soared, international hedge funds flee again, the signs are very obvious varieties. .</ P> <P> some banks in Europe on Thursday to the European Central Bank will have to repay 442 billion euros of one-year debt, liquidity of the banking system, concerns about tight heating, were suppressed non-dollar currencies yesterday. .</ P> <P> Australian dollar, the euro back to the decline </ P> <P> Asian markets yesterday, the euro was around 1.2277 the previous day's closing price fluctuations in a few hours later, around 10 am yesterday, with the .the A shares fell, the euro started falling sharply, as of 22:35 yesterday, the lowest dropping 1.2157, day or nearly 1%. .</ P> <P> At the same time, the rapid test a low Australian dollar, and has fallen below 0.87 and 0.86 mark two integers, as of 22:35 yesterday, the lowest reported to 0.8519 Australian dollar, compared with the previous day ., dropped 2.28% in non-dollar currencies in a led by the position. .</ P> <P> Analysts said the Australian dollar tumbled yesterday, partly by the collapse of A shares. .As a resource exporter, the Australian economy and the Chinese economy and international resources closely linked to price movements, China's economic growth if the weak dollar is bound to hit. .</ P> <P> In addition, the Tokyo market, part of the exporters to repatriate overseas profits in Japan, leading Australian dollar fell against the yen crosses in, but to the Australian dollar's fall. .</ P> <P> hedge varieties of soaring prices </ P> <P> the same time, hedge the currency is in a strong yen and Swiss franc yesterday, the yen rose against the dollar broke 89, at 88.53 yen against the $ 1 .. .ICBC Guangdong Branch Exchange Discovery David An analyst said the rising yen against the dollar yesterday, mainly driven by the crosses. .</ P> <P> Swiss franc against the dollar yesterday, is also high oscillation. .Hedge funds benefit sought after in Europe, Swiss francs more than in the past 3 weeks, the substantial increase of 7.8% or so. .</ P> <P> around the bond funds have also been sought after, yesterday, U.S. 10 year Treasury yield fell below 3.00%, the highest 29 April 2009 the lowest since; Japan's 10-year bond yields fell below 1.125% .7-year low. .</ P> <P> in the country, the A shares plummeted, capital fled the bond market, resulting in the highest bond index reported 125.62 yesterday, approaching May 28 hit a record high. .</ P> <P> afternoon Analysis: </ P> <P> concerned about U.S. economic data </ P> <P> euro, Australian dollar and so on down, is non-dollar currencies has sounded the clarion call a new round of fall .what? </ P> <P> currency analyst at Bank of China Guangdong Branch of HSBC, said Hu, while the euro weak medium and long term do not change, but the short-term downside should be limited, from a technical point of view, the euro downside support at .1.2150, a good set of stop-loss in the case, try wet storage buying. .</ P> <P> ICBC branches in Guangdong Province, also said foreign exchange analyst at Dai Wei Yu, the current bearish euro is gradually digested, it is estimated again, unlikely to fall to below 1.20, is expected to hit new lows in between 1.18 ~ 1.2150. .Australian dollar has strong support around 0.85. .</ P> <P> However, some analysts said that if China's stock market continued to fall, it may drag on Australian dollars. .In addition, the United States will be released this week, housing and manufacturing data, nonfarm payrolls, if weaker than expected, which means that the stock market and bond yields will continue to decline, on non-dollar currencies will be negative. .</ P> <P> key currency </ P> <P> positive capital flows repeatedly stronger yen </ P> <P> spending for durable goods fell 5 in Japan, rose adjusted annual rate of household spending unexpectedly fell 0.7%. .However, the exchange rate and capital flows in Asia is expected to drive the yen. .</ P> <P> the same time, relative to the Japanese economy, the slowdown in U.S. economic recovery, while the European economy is still troubled by the debt crisis, economic fundamentals are there to support the yen, repeated trend expected to continue the strong side. .Currently supports bit 88.30/87 and resistance at 89.50/91. .</ P>.