Due to the French Treasury auction results without market acceptance, increased market concerns about the debt crisis, and the U.S. data well, the United States refers to the strength sharply on Thursday. Later Friday, the U.S. non-farm payrolls report will be published as one of the most heavy economic data, its performance will inevitably have a significant impact on the dollar. Although some time had good U.S. economic data will increase the market risk appetite, and then weighed on the dollar, but the situation has changed recently, due to the euro / dollar and risk assets, the association between the degree have eased, and the strong U.S. data implementation of the Federal Reserve can help reduce market expectations of more stimulus measures, which are also good dollar. Last week all the way to Victory U.S. economy, strong economic data in general, including the Conference Board consumer confidence index in December and the former value is higher than expected in December, the Chicago purchasing managers index better than expected, at the same time in December Qimeng De Fed to regain power, data released this week has been mostly outstanding performance, especially in the job market data have exceeded market expectations, suggesting that the U.S. economy is gradually build up a positive momentum. In this context, investors will pay more attention to non-farm data, to determine whether, as the U.S. economic recovery implied by other data so well, but investors are based on the data to assess the implementation of the third round of the Fed’s quantitative easing measures possibility, if the non-farm payrolls continued to improve, the implementation of the Federal Reserve will further reduce the chance of QE3, good dollar. Online currency traders in New York, head of research at GFT Forex said: “The data seems to have a positive impact on the dollar in the past few weeks, the euro / dollar and risk appetite decoupling, mainly reflecting the euro zone economy is problematic growth in the U.S. . “Citigroup said that the euro / dollar and risk assets, the association between the level has been significantly reduced, this situation has more than 30 days. Since the European Central Bank launched on 21 December last year, three-year financing operations since the positive relationship between the two turning negative. Citigroup currency strategist StevenEnglander noted two reasons: “The ECB long-term financing operations in theory help to increase the banking capital of Europe, to reduce the financial risks facing the euro area, but the main concern European creditors the right to market the debt crisis; In addition, efforts to enhance U.S. economic growth continued, albeit more moderate, but not into a disastrous recession. “Brown Brothers Harriman in a research report that the market focus again returned to the European sovereign debt crisis and the banks on refinancing needs , plus the European Central Bank policy direction implied by the next week, the dollar is expected to remain strong. Including the recent U.S. consumer confidence, ISM manufacturing index, a series of U.S. indicators are satisfactory, leading many investors to the euro right now the best time to rebound as U.S. Zhongxingpengyue December jobs report on. But the fact is that investors guess the process, but did not guess the outcome. Significantly better than expected jobs report released in December, the euro / dollar still weak continue the previous pace and fell below the 1.2700 support integer mark, the lowest level of 1.2698 touched 15-month low. Friday’s midday New York time, the euro / dollar stabilized slightly off early lows, trading at 1.2720 near current exchange rate. U.S. Labor Department data released Friday showed the U.S. unemployment rate to further decline in December, the highest since February 2009, the lowest level, while strong growth in non-farm employment, strong economic recovery in the latest evidence. Data show that U.S. December non-farm employment growth 20.0 million, is expected to increase 15.0 million; non-farm payrolls in November after a revised increase of 5.0 million, up 12.0 million for the initial value. December unemployment rate continued to decline, to 8.5 percent, in February 2009 to its lowest level, is expected to be 8.7%; revised in November to 8.7%, the initial value of 8.6%. U.S. President Barack Obama said the report showed December non-farm private sector employment growth, labor market has improved, but there is still much work to do. Congress should extend the tax cuts for the entire year to help restore economic growth. Chief economist, said, “December non-farm employment report on the achievement of the ‘three in a row’, employment growth, wages growth in average weekly working hours have increased. Data shows that the U.S. job market to achieve a significant improvement, which is beyond doubt. “December non-farm payrolls report, the United States refers to the continuation of the rally earlier this week, touching 81.37 in early trading on the New York times the level of a 14-month high, the euro, sterling and other homeopathic refresh intraday low risk assets. Analysts pointed out that stronger-than-expected macroeconomic data can not be pulling the euro’s gains, while the performance is sluggish fundamentals can be completely absorbed. This may mean that the euro this “emperor Liu Shan” has been mired in the doldrums “Music do not think up.”