Investors' Confidence In The Euro Rose By &Nbsp; The US Dollar Fell By 0.25% On Monday.

Beijing time on January 25th morning, on Monday, investors on

Earlier, the Irish government caused Euro collapse on Sunday's downfall.

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The euro rose to 0.28% against the US dollar, and the euro rose to $1.3685 in early trading against the dollar, the highest level since mid 11.

The dollar fell to 82.51 yen on Monday, down 0.12%.

On the US side, the Dow Jones industrial average rose 108.68 points Monday to 11980.52 points, or 0.92%.

This shows that investors' confidence in asset allocation in high-risk assets has been enhanced.

Song Dawei, currency analyst at the foreign exchange trading company, pointed out that "with the uplink of the US stock index, the US dollar loses its support faster than other currencies". (David Song)

There was no important economic data released on Monday. Investors generally watched the results of Tuesday's consumer confidence index and the Federal Reserve's Monetary Policy Conference on Wednesday.

President Obama's state of the Union address on Tuesday is expected to mention measures to stimulate employment, and currency and bond investors believe that the new policy will have some impact on the federal budget deficit.

On the other hand, the Irish coalition government collapsed during the weekend, and the euro was under some pressure.

This new political variable may affect Ireland's acceptance of the austerity budget, which is one of the prerequisites of the European Union and the International Monetary Fund's 67 billion 500 million euros ($91 billion 800 million) grant.

Ireland's two main opposition parties have asked the government to complete the voting as soon as possible, so as to advance the general election to February.

The Irish government has declared its general election in March.

Tyse, the European central bank governor, reiterated the vigilance of inflationary pressures in an interview with the Wall Street journal.

He also asked central banks around the world to ensure that rising energy and food prices would not drag the global economic growth.

The hawkish rhetoric also prompted traders to bet on the day when the euro fell.

In other currencies, the pound fell to 0.04% against the US dollar, and the Australian dollar closed at 99.81 cents, rising 0.86% against the US dollar.