The pre-FOMC caution and lull in the marketplace appears to give traders little reason to put on aggressive positions, ... The Japanese yen extended its recent gains as the Mori government upgraded its assessment of economic conditions. |
The pre-FOMC caution and lull in the marketplace appears to give traders little reason to put on aggressive positions. The Japanese yen extended its recent gains as the Mori government upgraded its assessment of economic conditions. |
The prospect of only moderate rate tightening in the future diminished some of the dollar's interest rate appeal. |
The report provided an excuse for some (euro) profit taking, |
The report provided an excuse for some (euro) profit taking. |
The risk would have been coming out with someone the market doesn't know, or who is a monetary hawk. |
The sharp rally on Wall Street is filtering through the currency market and lifting the U.S. dollar. |
The U.S. dollar's inability to break a 5-month high against the Japanese yen created an opportunity for consolidation and profit taking, ... Consequently, this caused the dollar to slip against all other European currencies. |
The U.S. dollar's inability to break a 5-month high against the Japanese yen created an opportunity for consolidation and profit taking. Consequently, this caused the dollar to slip against all other European currencies. |
The U.S. economy's fundamental advantage relative to those of Japan and the euro-zone remained a key source of dollar strength, |
The U.S. economy's fundamental advantage relative to those of Japan and the euro-zone remained a key source of dollar strength. |
There isn't too much conviction in the market today to trade the dollar in an aggressive fashion. |
There's strong evidence that the U.S economy is outperforming the European economy |
These numbers are consistent with the view that the U.S. economy continues to chug along nicely, |
These numbers are consistent with the view that the U.S. economy continues to chug along nicely. |