Richard Franulovich
Richard Franulovich
catalyst decline people quicker recovery sharper stopped tends
When you have a catalyst like today, the recovery tends to be much quicker and sharper than the decline because people are getting stopped out.
aided australian definite gold strength
There's some definite independent strength in the Australian dollar, aided by gold and commodities.
fed pause policy
Some well-known commentators on Fed policy have come out and said that the Fed has finished, the Fed is on pause or the Fed should take a pause,
euro fresh given higher highs punch sharp short
Net-net, given the sharp U.S. upward revisions to payrolls, for the euro to punch higher to fresh highs is nothing short of spectacular,
euro levels lower momentum people picking targeting
More people are targeting lower levels in the euro and momentum is picking up,
concerns dollar improve sentiment structural
This should improve dollar sentiment ... as it alleviates a lot of the structural concerns about the dollar.
appetite dollar foreigners love
Foreigners love U.S. assets, ... just broad-based appetite for dollar assets.
action aussie global lead month number picture price seems
For a number of years now in a big picture sense, price action in Aussie seems to lead global growth. There is something like a 12 - 18 month lag.
dollar performing speaks
It speaks to a U.S. dollar that is performing very well.
adds argument decent fed neutral number stopping
It's a neutral to a decent number. I don't think this number adds to the argument that the Fed is stopping (rate rises) at 4.5 percent.
canadian commodity demand dollars driven exports far global growth quickly turn turns zealand
It is a commodities story in so far as commodity demand is driven by global growth and currencies like the Australian, New Zealand and Canadian dollars should see their exports turn pretty quickly when global demand turns around.
data japan softer
The data from Japan was universally softer than expected. It is conspiring to take the yen lower.
boost coast data decent exports port provide suggest trade underlying volumes west
The West Coast Port data suggest underlying trade volumes will provide a decent offsetting boost to the U.S. trade picture, with...U.S. exports outperforming in December.
economy fed greenspan message represent speaking transitory
Greenspan is speaking on the economy and ... the unmistakable message from the Fed is that hurricanes only represent a transitory risk.