37 ordspråk av Niels Christensen

Niels Christensen

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 A lot of investors want to hang on to short dollar positions. In the current environment, you don't want to fight the trend.

 By saying China is a manipulator the U.S. would put more pressure on China to let the yuan appreciate faster and indirectly that would mean a slightly weaker dollar.

 Even though there was a reasonable GDP figure the market was unwilling to give the yen good support. There's a consensus building that the BOJ isn't going to move quickly and that means the good news for the economy isn't enough to boost the yen further.

 Forces driving the dollar are still the same, concerns about the current account deficit. A rise in sterling, triggered by strong UK data, is also contributing to dollar weakness,

 Given that the dollar was unable to really bounce on the back of lower than expected trade deficit yesterday, it seems a bit unlikely that even if the retail sales show nice gains that (it) will be able to really benefit from such data.

 Higher interest rates make it much more comfortable for Japanese investors to be holding dollars. The chances of rate increases in the U.S. continue to rise while in Japan the prospects are much less certain.

 Higher oil prices, and fears over Japanese stocks are affecting the dollar more than any other currency.

 In the U.S. yesterday, we had good data.

 It got a boost from comments from Poole overnight so that brought euro/dollar down by half a big figure.

 It is more a squaring of positions than suddenly people seeing anything positive about the dollar, ... Intervention has a limited and short-lived impact. It has not started an uptrend in dollar/yen.

 It is more a squaring of positions than suddenly people seeing anything positive about the dollar. Intervention has a limited and short-lived impact. It has not started an uptrend in dollar/yen.

 It's a very strong signal and positive for the euro,

 It's a very strong signal and positive for the euro.

 It's too early to conclude it's the end of the dollar rally. Data in the U.S. should continue to be healthy and we could see rate expectations moving higher, supporting the dollar.

 Japanese officials make statements like that when we see very rapid movements in the foreign exchange markets because they are concerned such moves can build into stronger trends.


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