Alex Beuzelin
Alex Beuzelin
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.
days favor good japan market promise sentiment shift
If, in the days going forward, Japan does not make good on its promise (of weakening its currency), market sentiment could shift back in favor of the yen.
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.
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,
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.
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.
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.
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.
continues dollar exchange foreign pessimism
U.S. dollar pessimism continues to pervade the foreign exchange market.
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,