Andrew Busch
Andrew Busch
jobs moderation number soft support
Today's jobs number would support the idea of a soft landing, or at least moderation in growth.
growth strong
There's strong growth and no inflation. It doesn't get any better than that.
canada commodity energy gold hurting markets seeing volatility
We're seeing volatility in the energy markets and commodity markets with gold being part of that that's hurting Canada.
dollar finger greenspan messy painting speaks trading until
Until Greenspan speaks on Wednesday, dollar trading will be like a kindergarten's finger painting -- messy with not a lot thematic clarity,
bottom clearly hurting worst
It's the worst of all worlds. Clearly there's been a deceleration of the manufacturing sector. That's hurting the dollar, bottom line.
breakdown critical hours next
Next 24 to 48 hours critical for a breakdown for the U.S. dollar.
believe canadian cent continue decline dollar gradual lose parity per pieces somewhere start strengthen territory
The pieces are in place for the Canadian dollar to continue to strengthen and the U.S. dollar to continue to lose ground. I believe that we are in the start of a gradual decline of the U.S. dollar that will take us somewhere in the territory of parity ? we are only 10 per cent away from that now.
building looked officer police walked
A police officer walked around the building and it looked solid,
fueled heels japan russia saying
(South Korea's announcement) comes on the heels of Russia saying the same thing. This has fueled speculation that Japan may do the same,
begin coming data easing focus high japan later likelihood market next people stop unwind week
People are coming to the realization there is a very high likelihood that the BOJ next week are going to stop quantitative easing or begin to unwind it, and there is a lot of market focus on Japan CPI data later this week.
given market meeting took
Given they have a G-7 meeting this weekend, the intervention took the market by surprise.
aid billion fed katrina problems
The Fed is back to tightening, ... $200 billion in aid more than offsets any problems of Katrina on GDP.
continues favor yield
The yield differential continues to favor the U.S. dollar.
bank canada canadian demand dollar gas gold positives prices raised supported year
The Canadian dollar has been supported by a lot of positives this year as prices of oil, gas and gold rose. Bank of Canada has raised rates; that also boosted demand for the currency.