Alex Beuzelin
Alex Beuzelin
against appear content current dollar fresh major news terms traders within
With little in terms of fresh news or developments overnight, traders appear content to trade the U.S. dollar within its current ranges against the world's major currencies.
continues dollar exchange foreign pessimism
U.S. dollar pessimism continues to pervade the foreign exchange market.
again direction dollar economic key lack linked volatility wall
With a lack of any key economic news, once again the direction of the dollar is linked to the volatility on Wall Street.
bank central dollar economic european extend likelihood mixed officials paved regard signals strong
A combination of strong U.S. economic fundamentals and mixed signals from European Central Bank officials with regard to the likelihood of intervention, paved the way for the dollar to extend this week's rally.
aggressive conviction dollar market today trade
There isn't too much conviction in the market today to trade the dollar in an aggressive fashion.
dollar economy fueled latest market paul policy secretary sentiment strong treasury
Deteriorating market sentiment for the U.S. economy and yesterday's less-than-ringing endorsement of the strong dollar policy by Treasury Secretary Paul O'Neill fueled the dollar's latest losses,
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.
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.
currency filtering lifting market rally sharp street wall
The sharp rally on Wall Street is filtering through the currency market and lifting the U.S. dollar.
coming market monetary risk
The risk would have been coming out with someone the market doesn't know, or who is a monetary hawk.
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,
change economy fed good impact insight provide view
At the end of the day, this is not going to change the view that the U.S. economy is in good shape. Not going to provide any much insight as to how much the Fed has to go. So it hasn't had much of an impact on the dollar.
federal headline interest raising rates reserve surprise track upside
That was an upside surprise in the headline PPI index. That's going to keep the Federal Reserve on track in raising interest rates at an incremental pace,
appeal enhances interest pound rate relative
It enhances the dollar's interest rate appeal relative to the euro, pound and yen,