来源：环球外汇网

在亚洲市场，外汇交投冷谈，受疲弱的国内经济数据的影响，美元昨日走跌，今日还尚未完全恢复。在本年度，风险偏好一直主宰着美元的走势，而现在美元的走势的影响因素已经切换到传统的由美国经济数据和美国国债来决定的模式上来。欧元兑美元在1.4324-1.4357 的区间内交投，美元兑日元在91.39-91.75的区间内交投。受希腊利好消息的刺激，风险偏好有所改善，亚洲股指目前走高。希腊议会批准2010年紧缩预算，旨在将2010年的国内生产总值的财政赤字预算从2009年的12.7%降至9.1%。美元兑日元和日元交叉盘在亚洲市场的早盘中表现良好。虽然已经看到部分多头在晚些时候被清算和平仓，但预期这些货币对还是难以突破目前的高位。因为圣诞节假期，今日和明日的大部分欧洲市场均处于闭市状态，而亚洲市场除了东京以外其他市场则基本上都正常开放。欧元兑美元今日在亚洲市场开盘报价1.5962，与昨日的开盘状态相比略有变化，但并没有像其他货币对一样因美元的疲弱而有所走高。美元疲弱的主要因素是昨日公布的新房销售数据远不如市场预期，而与之相反的是，英国央行面对美联储的态势表达了其强硬的态度。对于亚洲市场来讲，因为处于圣诞节前夕，今日的市场无疑又要经历一个冷清的交易日，英镑兑美元在 1.5955-1.6020的区间内震荡。

日本央行行长白川方明说，自危机开始以来，日元不断升值的一个重要因素是日本疲软的国内经济表现。11月19-20日为期两天的日本央行会议的会议记录显示，日本央行货币政策委员会的成员都普遍意识到“通货紧缩”的危险，而其中的几个成员代表还强调央行应谨慎对待“通货紧缩”问题。看似“需求疲软”是“物价不断下降”的原因，会议纪要中指出，为了改善这种局面，央行有必要为商业投资和个人消费创造条件，以此实现靠自我带动经济持续增长的局面。因央行有可能采取相关补救措施，目前会议纪要尚未提及日本政府债券的收购事宜。

今日的欧洲市场无重要财经数据释放，市场仍然将注意力集中在希腊的国债收益率和CDS的利差上。因希腊和德国之间的10年期息差已经下滑至240个基点的水平左右，预期该态势将继续蔓延并于2009年年底彻底好转，投资者之前的担心才有所缓解。在这新年来临之际，投资者对希腊及其他周边的欧元区国家的担忧将提振欧元走高。

FX markets were quiet in Asia ahead of the holidays. Regional indexes traded broadly higher, with Shanghai up 2.59%. After yesterday's weaker than expected US data, it seems that the USD dependence on yields and domestic economic data has become stronger than the year long risk aversion trade. Most of Europe is closed today and tomorrow is Christmas, when most major markets, with the exception of Tokyo, are closed. Thin liquidity and directionless trading should dominate FX activity. The GBPUSD opened in Asia at 1.5962, powerless to take advantage of yesterday’s broad USD weakness, prompted by weaker US new home sales data. The barrier was the BoE minutes, which highlighted a dovish MPC in contrast with the recently hawkish Fed, increasing speculation that another ?25bn expansion of asset purchases is on the table.

In Japan, BoJ minutes from the 19-20th meeting showed that the board was very cautious in using the word “deflation” and “weakness in demand “ was the cause that created "continued decline in prices". In addition, there was no mention of buying more JGB as a possible solution. Afterwards, BoJ Governor Shirakawa stated that the JPY appreciation was one factor behind Japan 's weak economic performance since the financial crisis.

With no economic data releases scheduled in European session, markets will have to wait until the US for some fresh news. Till then. discussion will be over Greece’s just passed 2010 budget, which attempts to slash the fiscal deficit from an estimated 12.7% of GDP in 2009 to 9.1% of GDP next year. The spread between Greek and German bonds have narrowed slightly, but still are a point of concern and perhaps the biggest factor weighing on the EUR currently.