26 ordspråk av Richard Franulovich
Richard Franulovich
Stepped-up U.S. appetite for foreign securities and less foreign appetite for U.S. Treasuries have come together to make this a weak number.
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The data from Japan was universally softer than expected. It is conspiring to take the yen lower.
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The dollar reaction has been virtually nil in the minutes after the numbers.
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The dollar's initial reaction was fairly muted, given the size of the negative surprise, but it is ahead of the payrolls report and also because one week's data does not make a trend,
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The dollar's initial reaction was fairly muted, given the size of the negative surprise, but it is ahead of the payrolls report and also because one week's data does not make a trend.
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The Fed is much more concerned that policy remains accommodative, which means that rate hikes will be measured going forward,
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The West Coast Port data suggest underlying trade volumes will provide a decent offsetting boost to the U.S. trade picture, with...U.S. exports outperforming in December.
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There's some definite independent strength in the Australian dollar, aided by gold and commodities.
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This should improve dollar sentiment ... as it alleviates a lot of the structural concerns about the dollar.
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We're oil traders now because currencies are trading so closely off oil. All the risk now is that the hurricane does not have all the negative effects for the U.S. economy.
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When you have a catalyst like today, the recovery tends to be much quicker and sharper than the decline because people are getting stopped out.
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