Alex Beuzelin
Alex Beuzelin
economy growth remains solid view
It reaffirms the view that the U.S. economy remains on a solid growth track.
talked walk
They talked the talk, now they have to walk the walk.
vastly
They are still vastly under-performing the U.S. economy,
currency financial markets nervous rest stock
This morning, the currency markets were just as nervous as the rest of the financial markets. As the stock market stabilized, so did the U.S. currency.
aggressive conviction dollar market today trade
There isn't too much conviction in the market today to trade the dollar in an aggressive fashion.
belief continue fed improve relative speakers uk yields
Fed speakers have been on message, and the belief is that U.S. yields will continue to improve relative to Europe, the UK and Japan, and that will continue to underpin the dollar,
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.
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.