Hugh Walsh
Hugh Walsh
against banging break downside grasp heads quite until
There is no real grasp on anything, which is quite frustrating. Until we break $1.20 on the downside or $1.22 on the upside, we are really banging our heads against the wall.
good higher interest market might positive rate rates selling stock
From an interest rate differential standpoint, that is positive for the dollar, but higher rates might not be so good for the (U.S.) stock market so we could see some selling of (dollar-denominated) assets.
ending fiscal head interest march policy pressure rate year zero
Dollar/yen is under pressure and euro/yen is under pressure in anticipation of them (Japan) ending their zero interest rate policy as we head into March and Japan's fiscal year end.
comments concerned japanese officials pace seen
I think the Japanese are concerned with the pace of the yen weakening and you have seen comments from Japanese officials stating that.
continue fed focus measured pace pause raising whether
A lot of the focus is on whether the Fed will pause or continue with their measured pace of raising rates.
dollar might
I think (today's dollar drop) might have something to do with things heating up in Syria; the U.S. withdrawing their ambassador.
both dollar given money people playing profit seeing sides strong table taking
He is playing both sides of the fence, and given where the dollar is and how strong it has been, people are taking money off the table and you are seeing a little profit taking.
buying continue dollar driving favor force interest people rate waiting
Interest rate differentials continue in favor of the U.S. dollar, and that is one of the big drivers. People are waiting for a new driving force and buying the dollar on dips.
anywhere asia continues data economic economy fed raising
The economic data in the U.S. is still better than it is in Europe, Asia or anywhere else. The U.S. economy continues to grow, and the Fed is going to have to keep raising rates.
coming dollar markets waiting
Initially, it was dollar positive. I think the markets are waiting for more details. Where is it coming from? Who is supplying it?