Should foreign investors, who have helped fund U.S. twin deficits, show weaker demand at the 10-year auction and the trade deficit widens, that may make it easier to sell the dollar. |
Since sentiment is bad for the dollar I'm not sure if the dollar can rally on good data. |
Strong figures will support the dollar, as they suggest a good outlook for the U.S. economy from early next year. |
The data proved to be as strong as earlier expected, pushing the yen up briefly ... but the yen was later dumped after a modest upturn. |
The dollar is positive against all currencies. |
The dollar will get support from strong economic data, such as the jobs report. The trend of dollar buying will continue for another week. |
The dollar's downward trend should continue, as real money flows are leaning on the selling side, |
The on-year rise in core CPI backs up our forecast of an exit from quantitative easing in April of next year, but the market's interest has shifted to the timing of an interest-rate hike. |
The price action following the release of today's indicator suggests that as long as expectations for an exit from zero interest rates are not brought forward greatly, the impact on the market will be limited. |
Thinking about the market's dollar bullishness, even bad figures could push up the dollar. The dollar is likely to react to the numbers only on the upside. |
This is a yen-selling market. Japanese investors are looking for higher-yielding foreign assets. |
This is an unwinding of the yen's short positions. |
U.S. payroll numbers are unlikely to give the dollar upward momentum, even if the numbers are good. Market sentiment toward the U.S. economy is worsening, buffeted by recent weaker data. |
Unless there's a major event, it shouldn't really change anything. |
Whatever Greenspan says probably won't have a positive effect on the dollar. But all the same, it shouldn't be too negative. |