As long as economic data meet and beat expectations, the dollar will continue to strengthen. The Fed has a good reason to be pro-active rather than passive. The ECB has good reason to be passive rather than pro-active. |
As long as economic data meet and beat expectations, the dollar will continue to strengthen. The Fed has good reason to be pro-active rather than passive. The ECB has good reason to be passive rather than pro-active. |
Base metals are up suggesting there are good prospects for global growth. The risk of higher inflation from higher oil prices is pushing up gold. |
Continued strength of commodity markets has been beneficial to the $A, but traders haven't been getting a lot of loving being long. |
I think the market has had a free swing at selling the (US) dollar and has shown to ignore a pretty good sell-off in the bond market. |
I'd be surprised if the BOJ raises rates at all this year and that is something that will tend to see the yen underperforming. |
It's pretty quiet out there and the ranges are likely to hold. |
Liquidity has generally gone from the market. I don't think traders would be particularly aggressive and strap additional risk on. |
Machinery orders are important and the better-than-expected numbers will be yen-supportive. |
Markets always price for the worse, then row back when it doesn't happen, ... In this case, as soon as Rita was downgraded, the dollar jumped in a relief rally. It's as simple as that. |
The dollar does feel as if it's gone a very long way against the euro and in a very short time. |
The fundamentals just aren't there. |
The further that the Fed takes fed funds and the front end of the curve, the more attractive US-dollar-denominated debt will become to Japanese retail investors. |
The market is misreading and misunderstanding the story. The story is the capital account, not, I repeat not, the current account. |
The report will be positive for the dollar. Along with a good prospect for the GDP report due Oct. 28, we will see the dollar remain strong this week. |