David Mozina
David Mozina
best convinced dollar early market moved stance
It is too early to write the dollar off just yet. I'm not convinced that the best is over for the dollar. The market has moved to a stance that is too dovish on the Fed.
concerns damage drumming economy fears hurricane katrina positive
This is drumming up fears that the damage to the economy from Hurricane Katrina will be exacerbated by Rita. Before concerns over Rita, the short-term fundamentals were positive for the dollar.
almost basis daily higher pushing seems yields
It seems almost on a daily basis yields are pushing higher in Japan.
gains led losses
The dollar's gains are pretty much broad-based, with losses being led by the euro.
anytime dollar lose momentum rally rita statement
All in all, developments on Rita and the G7 statement have not made me think the dollar rally will lose momentum anytime soon.