Niels Christensen
Niels Christensen
Niels Anton Christensenwas a Danish-American inventor whose principal invention was the O-ring, the ubiquitous hydraulic seal...
positive signal strong
It's a very strong signal and positive for the euro,
close fed market minutes move quite seems
The minutes were quite dovish in the sense that the Fed seems very close to the end of its tightening cycle, so I think the market move is justified.
current dollar environment fight hang investors short
A lot of investors want to hang on to short dollar positions. In the current environment, you don't want to fight the trend.
affecting dollar fears higher japanese oil stocks
Higher oil prices, and fears over Japanese stocks are affecting the dollar more than any other currency.
chances continue higher holding increases interest investors japanese less prospects rates rise
Higher interest rates make it much more comfortable for Japanese investors to be holding dollars. The chances of rate increases in the U.S. continue to rise while in Japan the prospects are much less certain.
appreciate china faster indirectly mean pressure saying slightly weaker yuan
By saying China is a manipulator the U.S. would put more pressure on China to let the yuan appreciate faster and indirectly that would mean a slightly weaker dollar.
good
In the U.S. yesterday, we had good data.
people positive rates report rise saying
People are saying the report suggests that rates won't rise rapidly, and that's not positive for the yen.
beginning chance economic hike outlook people price rate recovery
People are reassessing the U.S. economic outlook because they had thought the recovery was jobless. People are beginning to price in the chance of a rate hike by August.
bit dollar economy-and-economics european market people positive selling tired view
People already have a more positive view of the European economy, so they are not that fussed. The market is a bit tired after all the dollar selling this week.
aversion happen investors market nervous rising risk
Risk aversion is rising in the market and investors are nervous about what will happen when U.S. equities open.
boost brought comments half overnight
It got a boost from comments from Poole overnight so that brought euro/dollar down by half a big figure.
limited people positions positive seeing suddenly
It is more a squaring of positions than suddenly people seeing anything positive about the dollar. Intervention has a limited and short-lived impact. It has not started an uptrend in dollar/yen.
benefit bit bounce deficit dollar expected gains given lower nice retail sales seems trade unable unlikely
Given that the dollar was unable to really bounce on the back of lower than expected trade deficit yesterday, it seems a bit unlikely that even if the retail sales show nice gains that (it) will be able to really benefit from such data.