What makes Forex traders content on the first trading day in the new year 2014?!

Reflecting intense selling of currencies and equities on the tension of the market of finance, but what can affect merchants in tension with the beginning of the year? Supposed 2014 year good for the US economy despite the ISM industrial index, the US economic data released recently are compatible with continued recovery in the u.s. economy. But the improvement in the economy also means that the Fed will continue on its path to reduce purchases of assets, leading to high cost of lending to consumers and businesses. Was 2013, great for the stock market but prices increased the cost of doing business, which might have negative equity and order but we didn't see a significant correction. So it is unusual to see selling in stocks especially in light of poor liquidity. And intensive operations have moved to the Forex market, pushing the dollar up and pushed the currency down. The decline in revenue bonds for ten years confirms that rates of risk aversion drives the price action in financial markets.
And away from the prospect of reduced purchases of the assets of the Federal Bank, we received confirmation that the Chinese economy is slowing, which represents a danger for States which rely on China to grow. Will make China's slow-down of us assets more attractive this year. Over the past decade, the money from the West to developing countries seek greater growth opportunities. While China continues to grow at a faster rate than America in 2014, but the slowdown in momentum will make investors content to leave their stagnant jobless in the East, and concerned about the opportunities in the West. The slowdown in China's industrial sector contributes to the sales that we have seen today in stocks and currencies. Among developed countries, Australia is one of the States affected by the slowdown in the rate of Chinese economic growth and begin to see evidence of this in the PMI announced today, which showed manufacturing activity slowed for the second consecutive month.
In contrast, the performance of the US economy on market expectations. While the ISM industrial index fell from 57.3 from 57.0 in December, economists are looking to down more than up to the level of 56.8. Merchants saw strong increases in employment and new orders in this indicator. Spending also excelled to expectations, high 1.0% in March from 0.9%. It was expected the high rates of unemployment claims America to 334 000 instead, these rates decreased from 143 000 to 310 000. These reports indicate that the US economy remains on a strong recovery path and will remain so in 2014.
There are no significant US economic reports on Friday, but there will be many conversations of federal officials, including Bernanke and sixty acres on their view on the US economy. Not for Walker, a member of the voters in the Federal open market Committee but ploster industries and sixty members of the voters in this year's Federal Commission and tends towards both generally narrowing of monetary policy.

The expected direction of the Swiss franc during 2014 and assess the performance of the Swiss economy

Was 2013 good year for Swiss franc. Among the major currencies, the Swiss franc is one of the best performing currencies, ranked second after the euro. The Swiss Bank has maintained a base of the euro/Swiss franc at 1.20 for the second consecutive year, and managed to push the euro/Swiss franc up to the level of 1.6%. While the move USD/CHF and Euro/Swiss franc below 3% this year, the Swiss franc has risen more than 15 percent against the Australian dollar and the Japanese yen. In the year 2014, we expect that the performance of the Swiss franc is similar to that of the past, alama was Euro/CHF within narrow range due to keep Swiss Bank on the base of the euro/Swiss franc for another year.
The Swiss Bank has set the base of the euro/Swiss franc at 1.20 in 2011, and Switzerland, Valley. The acceleration in GDP growth of 0.8% in the first quarter of 2012 to 1.2% in the third quarter of 2013. During the year as a whole, Swiss Bank expects to record GDP growth of 1.8% and 2.3% in 2014. Low unemployment rate to promote the continued strength in consumer spending, and with expectations of a recovery of the global economy next year, the State Secretariat for Economic Affairs said there are good prospects for strong economic upside in Switzerland next year. While euro-zone exporters were affected by weak economic growth rate, economic activity improved steadily during the year, almizana of surplus commercial supporter to 2.11 billion in November from 0.88 billion in December 2012. According to the purchasing managers index, expanding the industrial sector throughout 2013 except for one month, this is a great improvement compared with the downturn in 2012.
Despite clear signs of economic growth, low inflation is impossible to change the dollar Swiss Bank for Euro/Swiss francs from 1.20. In November 2013, nartva consumer price index annual rate of 0.1%. While this represents a significant change from the month of April at 0.6%, but it is far from the objective of the Central Bank at 25. In the absence of scope for cutting interest rates, Forex Swiss Bank policy from one of the few ways that push prices up. Even the Swiss coffee thinking about back support base at 1.20, the consumer price index needs to be closer to 1.5% and is perfect to 2% but in 2014, the social and economic expectations of high inflation by 0.3%. At the same time, the Central Bank lifting base support to encourage more rapid inflation because credit is tight and the real estate market is growing very fast. With the increase in the trading market than Swiss Bank of stimulation and this may create a bubble in the real estate market. Instead, the Government will ease properties by increasing requirements of Heads of funds and borrowing rules.