Lara Rhame
Lara Rhame
across continue data dollar economic remains rising seen solid strong support treasury yield yields
U.S. treasury yields are rising and we've seen that support the dollar across the board. The dollar remains strong on the back of solid U.S. economic data and expectations that the 10-year yield is going to continue to go higher.
acting against broad dollar japan process seeing steady stop turning weakness
We're seeing Japan aggressively acting to keep the yen steady against the dollar and stop the process of broad dollar weakness from turning into broad yen strength.
ahead bonds dollar euro forecast gotten markets optimistic seen signs size strength themselves
We've seen markets get ahead of themselves in bonds and in currencies as well. There are signs that markets have now gotten too optimistic about not only the size of the U.S. recovery, but the speed; our medium-term forecast is still very much of euro strength and dollar weakness.
ahead bonds dollar euro forecast gotten markets optimistic seen signs size strength themselves
We've seen markets get ahead of themselves in bonds and in currencies as well, ... There are signs that markets have now gotten too optimistic about not only the size of the U.S. recovery, but the speed; our medium-term forecast is still very much of euro strength and dollar weakness.
claims combined data dollar focus modest morning trade
It is a modest dollar negative; the trade data combined with the claims data, but the focus this morning is very much on digesting the BOJ and on payrolls tomorrow.
deficit dollar exists gloom market punishing size
I think a lot of gloom still exists about the size of the deficit and the market is punishing the dollar for that.
dollar downward growth markets modestly negative retail revision sales weaker
On balance, it is a modestly dollar negative set of data. Retail sales growth was a little weaker than markets had expected, with a downward revision to the ex-auto sector.
dollar euro everybody remain result spinning strength strong trends
Everybody is spinning it in their own direction, ... The end result is the same trends remain in place: dollar weakness, euro strength and the yen strong, but not so strong as the euro.
bin dollar economy falling fits led risk tape view
The bin Laden tape has led to some dollar selling. The tape fits with the view of those who think the U.S. economy is at risk of falling into a sinkhole.
came coming dollar foundation greenspan last reasons setting trade
That's one of the reasons the dollar came off at the end of last week, ... and could come off even more on Wednesday, when Greenspan speaks. He could be setting the foundation for a more range-bound trade for this coming quarter.
assets attractive current declining deficit dollar foreign further less means pressure puts vicious
What the current deficit does is make the dollar vulnerable. It means we could see a vicious cycle, where a declining dollar makes U.S. assets less attractive to foreign investors, which weakens our assets further, which puts further pressure on the dollar.
data dollar euro happen japanese positive rally versus zone
There really has not been justification for the dollar rally to happen exclusively versus the euro, especially because euro zone data has been kind of positive and Japanese data has kind of languished in a funk.
both continue continuing data dollar fed headline increasing looks means price raise report rise solid supporting yields
The report was dollar positive. With the combination of solid data for the headline and what looks like increasing price pressure, that means you are going to see U.S. yields continue to rise and the Fed continuing to raise rates, both supporting the dollar.
best dollar leaves number sparks trade worst
The trade number at best leaves the dollar where it was and at worst sparks a substantial dollar decline.