Akihiro Tanaka
Akihiro Tanaka
book buying gains japanese players positions trying
Short-term players are trying to book gains on dollar-short positions and there is also buying by Japanese investors.
cause dollar federal figures giving inflation lift prices producer rates reserve strong supportive
Strong figures on producer prices will ignite inflation worries, giving the Federal Reserve cause to lift rates as much as twice. That's dollar supportive for sure.
attention future keen market officials pay players rate
Market players pay keen attention to what those officials may say about future U.S. rate hikes.
bolster bringing earnings fiscal money next profit setting target time
Before setting their profit target for the next fiscal year, they need to bolster their earnings by bringing money back at this time every year.
continue dollar fed firm higher inflation minutes release remain
The dollar's uptrend accelerated after the release of the Fed minutes and will remain firm before the upcoming inflation data. The dollar will continue to try higher levels.