Ireland Refused To Help &Nbsp; &Nbsp; Dollar Exchange Rate Continued To Rise On Tuesday.

Beijing time in the early morning of November 17th,

At the same time, the US stock market generally fell on Tuesday, and the market rumors that China might raise interest rates again suppressed investors' interest in high-risk assets, and the US dollar was sought after as a hedge asset.

At the close of the foreign exchange market, the US dollar index for tracking six major currencies was 79.21 points, or 0.88%.

The euro fell to 0.71% against the dollar on Tuesday at $1.3489, while the US dollar rose to 0.18% yen against the yen, 83.28 yen.

Irish Prime Minister Blaine said in a statement to parliament on Tuesday that the government did not apply for any assistance from outside.

He emphasized that Ireland had the ability to meet its own financing needs before the middle of 2011.

The statement comes in the background that the finance ministers of the euro area countries are about to hold a meeting in Brussels, believing that the focus of this meeting will be Ireland.

It has been reported that EU officials are pressing Ireland to accept external assistance to prevent the debt crisis from spreading to other euro zone countries such as Portugal.

Greece's budget problems, which dragged heavily on the euro earlier this year, have returned to the focus of the market.

Casey, lien, director of GFT monetary research, said: "foreign exchange traders are concerned about the trend of Ireland; another news is that Austria has suspended aid payments to Greece, and China is likely to tighten monetary policy again.

These will reverse market risk preferences and benefit the US dollar. "

Before the US Labor Department released the October production price index,

On the other hand, the German economic confidence index released on Tuesday was stronger than market expectations and also enhanced the confidence of the euro.

The pound, which is one of the high-yield currencies, also fell by dragging down its market risk appetite. It closed at $1.5877 against the dollar Tuesday, down 1.12%.

On the same day, government data showed that in October, the annual inflation rate of consumer inflation increased by 3.2%, and the index was 3.1% in September.

The central bank governor, Mervyn King, will send a letter to the British Chancellor of the exchequer, George Osborn, because the inflation index is 2% percentage points higher than the inflation rate of the Bank of England.

Some economists believe that the recent performance of stubborn inflation data and economic indicators has almost completely eliminated the possibility of the Bank of England following the Federal Reserve's launch of the new quantitative easing policy.

The Australian dollar closed at 97.64 cents on Tuesday, down 0.86%.

The Bank of Australia released the minutes of the latest conference on interest rate decisions on the same day.