Niels Christensen
Niels Christensen
Niels Anton Christensenwas a Danish-American inventor whose principal invention was the O-ring, the ubiquitous hydraulic seal...
comforting data dollar euro hold next number onto positions states united united-states weak week zone
We have had disappointing data in the United States this week and in the euro zone we have had comforting news. If we get a weak GDP number no one would want to hold onto long dollar positions next week.
conclude continue data dollar early healthy moving rate supporting
It's too early to conclude it's the end of the dollar rally. Data in the U.S. should continue to be healthy and we could see rate expectations moving higher, supporting the dollar.
bank canada data hike lately needed rate tone upbeat
The tone from the Bank of Canada has softened lately and upbeat data are needed to intensify rate hike expectations.
clear consumer data economic fed market minutes prices strong supportive watching
The market will be watching the consumer prices report, as the minutes have made it clear the Fed is watching inflation. The economic data has been strong and supportive for the dollar.
boost building consensus economy figure good market means move news quickly reasonable support though unwilling
Even though there was a reasonable GDP figure the market was unwilling to give the yen good support. There's a consensus building that the BOJ isn't going to move quickly and that means the good news for the economy isn't enough to boost the yen further.
buy euro good possibly reason soft tide turn
No one can find a good reason to buy the euro at the moment. The only thing that could turn the tide is intervention, possibly accompanied by soft U.S. data.
buy euro good possibly reason soft tide turn
No one can find a good reason to buy the euro at the moment, ... The only thing that could turn the tide is intervention, possibly accompanied by soft U.S. data.
dollar driving early expect forces haunt lend markets monetary policy problems structural support
Monetary policy expectations were the driving forces on the FX markets in most of 2005 and while we expect structural problems to come back to haunt the dollar in 2006 we expect monetary policy expectations to lend support to the greenback early in the year.
dollar driving early expect forces haunt lend markets monetary policy problems structural support
Monetary policy expectations were the driving forces on the FX (foreign exchange) markets in most of 2005 and while we expect structural problems to come back to haunt the dollar in 2006 we expect monetary policy expectations to lend support to the greenback early in the year.
against buyers dollar sentiment
Sentiment against the dollar is deep-rooted. Every time we have a pullback in euro/dollar new buyers emerge.
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.
build concerned exchange foreign japanese markets movements moves officials rapid statements stronger
Japanese officials make statements like that when we see very rapid movements in the foreign exchange markets because they are concerned such moves can build into stronger trends.
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.