The dollar strength seen in August and September has come up against some stiff resistance in October and even yesterday’s much better than expected US consumer confidence numbers were not enough to attract dollar buyers,whilst the data did lead to further risk appetite for to indices with the Dow closing back above the 17,000 level.The index has now bounced 5.4%since hitting a multi month low only days ago.　　

美元在八月和九月出现的强势在这个十月遇到了强大的阻力，甚至连昨天好过预期的美国消费者信心数据也无法吸引到美元买家，不过这个数据倒是吸引了对风险更大的胃口，导致道琼斯收盘时上升到17000之上。目前这个指数在前几天经历了多月以来的低点之后已经反弹了5.4%。　　

Overnight the Kiwi has seen a bit of strength following better than expected business confidence data,but this is unlikely to cause any surprises come the RBNZ’s interest rate decision later tonight.NZDUSD has found some support for the second time,around and just below the 0.7800 level and is trading at 0.7935 at the time of writing,but that bounce could be short lived as the RBNZ continues to play down the currency and US tapering is due to complete today.　　

由于商业信心数据好过预期，昨天新西兰元稍稍走强，不过在今天晚上新西兰央行发布利率决定之前不太可能有令人惊讶的事情发生。新元美元再次获得支撑，目前仅仅低于0.7800，而在写这篇文章时位于0.7935；但这种反弹可能会比较短暂因为新西兰央行会继续唱衰新元，而美国的紧缩也将在今天完成。　　

It’s FOMC decision day and this will be keenly watched as we mark a historical end to the Federal Reserve’s massive QE III program.Whilst there’s no press conference that follows the decision,the key element to watch will be the statement to see if there’s any hint of when rates will start to rise.But hopes maybe dashed as we can expect the dovish tone to remain,in particular the inclusion of the phrase“considerable time”,so a reassertion of dollar strength might take some time yet.　　

今天是联邦公开市场委员会（FOMC）发布决定的日子，会得到密切关注；因为这一天是美联储庞大的量化宽松计划第三期的历史性收尾。不过决定发布时不会有新闻发布会，值得关注的关键点就是声明。我们要发掘一下这个声明的内容看看加息到底会在什么时间来到。不过希望还是很渺茫，因为我们期待美联储能维持温和的立场，特别希望声明里能有“相当长一段时间内”这样的措辞；这样的话美元要再次走强就需要更长的时间。