美元: 美元稍显疲弱
昨天美国申请失业救济人数小幅上升(231,000 人,而共识为 212,000),美元对此的负面反应告诉我们:a) 市场可能对美国非农就业数据和美国 CPI 之间的走势缺乏方向感;b) 即使美国公布的数据略微疲软,普遍超买的美元仍相当脆弱;c) 市场可能对美国就业市场疲软的说法更有说服力。
除了短期调整之外,美元大幅走低的关键仍然是通胀。一致认为周三核心 CPI 月率为 0.3%,这对于美联储在今年夏天开始降息来说仍然过高。美元任何实质性的、可持续的下跌趋势可能不会在 5 月份出现。
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