I think on the margin the U.S. data makes currency traders more hesitant to put on strong positions. The U.S. economy is still growing at a strong pace, and the Fed might have to raise rates longer than anticipated.
Its a realization that although consumer inflation has been benign, we always have these fears lurking in the background.
One reason we are seeing some volatility is that there are nervous bond investors who own Treasuries.
The big shift for 2006 will be interest rates rising outside the U.S..
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.