Alex Beuzelin
Alex Beuzelin
continuing deter fed measured rate short term
Overall, in the short term this is not going to deter the Fed from continuing its measured rate tightening campaign,
capable carries credible experience knowledge near prove reassuring respected seen terms
He carries a lot of credibility in the marketplace. He's well respected in terms of his knowledge and his experience at the Fed. He is seen as very capable and credible that would prove reassuring in the near term,
aggressive brings fed notion question raising rates terms
But I do think it brings into question the notion of how aggressive the Fed is going to need to be in terms of raising rates in 2006.
bank fact market means news pledge takes
The fact that yen weakened on the news means the market takes the Bank of Japan's pledge seriously.
concerned effects fed high hiking measured near oil prices rate remains supportive
The Fed remains concerned about the inflationary effects of high oil prices and that is going to keep it on a measured rate hiking path. In the near term, I think that is supportive for the U.S. currency.
catalyst declining familiar japanese latest move perception tokyo wants weaker
The familiar combination of declining fundamentals and the market's perception that Tokyo wants to see a weaker yen was the catalyst for the Japanese currency's latest move down,
attempts dollar key narrow push remained technical traders
The Dollar/Yen remained hemmed in narrow ranges as traders were unsuccessful in their attempts to push the dollar through key technical resistance.
becoming denmark euro gradually join likely lower monetary
The euro gradually grinded lower as it's becoming increasingly likely that Denmark will opt not to join the EMU (European Monetary Union),
continued euro further gathered momentum sentiment
The euro gathered further upward momentum as traders' sentiment for the euro-zone continued to brighten,
headline higher number strip transport
The headline number was much higher than anticipated. However, if you strip out the transport component, the number was a little soft. This number is notoriously volatile.
across adhere against although bit board continues dollar lower major recent
Although a bit lower across the board this morning, the U.S. dollar continues to adhere to its recent ranges against the world's major currencies.
against await behavior continues despite economic economy euro exchange factors foreign hit japanese low market next outlook peak positive recent role support technical traders trading
The market's positive outlook for the Japanese economy continues to support the yen as it hit a two-month peak against the dollar, ... Technical factors continue to play a determining role in the behavior of the foreign exchange market as traders await next week's FOMC meeting. Despite recent encouraging euro-zone economic data, the euro is trading at a two-week low against the U.S. dollar.