David Mozina
David Mozina
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.
both data dollars fed future help looking market pieces reason sell shape soft
Those two pieces of data will help shape future Fed policy, and both were on the soft side. The market was looking for any reason to sell dollars and they had two.
becoming coming dollar economy optimistic outlook respect start
We're still very optimistic with respect to the outlook for the U.S. economy in the coming quarters. Interest-rate spreads are probably going to start becoming more dollar positive.
data easing japan lending recent risk suggest support
Recent data in Japan suggest that the risk is Japan will end its quantitative easing sooner. That is lending some support to the yen.
components interest looking people rate sensitive
People are looking at any interest rate sensitive components as a precursor of what's to come.
dollar great moves news seeing strong
I think it's great news for the dollar and it will probably solidify the strong upward moves that we are seeing in today's session.
dollar global investors strength
Global investors still like dollar-denominated assets. The fundamentals still auger for dollar strength.
bank financial interest japan pushing rates until
Until you get ... the Bank of Japan actually pushing interest rates (higher) and not just jawboning the financial markets, I don't think the yen is going to find long-lasting support.
concerns data dollar good interest keeps looks margin rate widening
We still have widening interest rate spreads ... so the dollar looks good and today's data at the margin just keeps inflationary concerns bubbling.
argument coming forceful rate
The rate argument is coming back in a very forceful manner.
action ammunition data economy fed further provides
The data provides enough ammunition for further Fed action but also confirms that the U.S. economy has legs.
backdrop dollar expect favorable lead next strength
The backdrop is very favorable and I would expect dollar strength in the lead up to the next FOMC meeting.
dollar embedded firmly quarter zealand
New Zealand is one quarter away from recession. The New Zealand dollar is firmly embedded in a long-term decline.
concern price slightly
It was slightly dollar-positive. The price component, it's still bubbling. That is of concern to the Fed.