Niels Christensen
Niels Christensen
Niels Anton Christensenwas a Danish-American inventor whose principal invention was the O-ring, the ubiquitous hydraulic seal...
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.
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.
bottom convinced door hike line market open rate
The bottom line is that the door is more open for a rate hike and the market is convinced we will have another rate hike.
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.
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.
confirmed current hikes minutes pricing rate
The minutes confirmed the current pricing of rate hikes in the market.
assured current economic market needs rate supportive
The current rate expectations are still supportive for the dollar. But now the market needs to be assured by upcoming economic data.
euro hike impact last rate
The impact on the euro from last week's rate hike is evaporating ... There's nothing to intensify rate hike expectations in the euro zone.
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.
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.
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.
against buyers dollar sentiment
Sentiment against the dollar is deep-rooted. Every time we have a pullback in euro/dollar new buyers emerge.
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.