Tim Mazanec
Tim Mazanec
matter momentum picking
It was all one way. It was just a matter of momentum picking up after 8 a.m..
dollar fed risks
The risks for the dollar are probably pretty even going into this Fed meeting.
closer dollar dove evidence hawk neutrality risk
The risk if you are a dollar hawk is they show they are closer to neutrality and if you are a dollar dove that they show no evidence of being done.
clear mistake shift trend
There's shift in ranges, but still nobody's going to mistake this for a clear trend reversal or anything.
comments data fed indicative stronger suggest though wait
Even though the data has been inflationary and indicative of a stronger economy, comments from the Fed suggest they're going to wait and see.
balance forecasts percent push toward trade
The trade balance was narrower than expected, so that should push most (U.S.) GDP forecasts toward 5 percent in the first quarter,
cause consistent fed help higher hikes inflation rate risk somewhat view worried yields
We are getting a consistent view from the Fed now that they are somewhat worried about the risk of a higher inflation rate. That is going to cause more rate hikes to come and higher yields will help the dollar.
meeting per point quarter rest view year
This reiterates the view of many that a quarter point per meeting for the rest of this year is in the cards,
came higher hikes price rate
The price index came in higher and that kind of confirms expectations for at least two more rate hikes from the Fed.
benefit consumers euro michigan piece retail strongest survey weakness win
Consumers have been the strongest piece of this economy, so if we see some weakness in retail sales, and the Michigan survey should be off on Friday, we should see the euro win the benefit of the doubt,
backed dollar expected fact hikes inflation means rate strength supported
That really backed up the fact that strength is still expected in the economy, which means more rate hikes to keep inflation at bay, so that has supported the dollar this afternoon.
trend
It's a continuation of the trend we've seen.
banks central continued dollar fed move outweigh rate reasons whereas
There are continued expectations of more Fed rate increases, whereas with other central banks we may only see a one- off move here and there. The reasons to be in the dollar outweigh any other currency.
although factory market orders report slightly spot
The factory orders report was very slightly better than expected, although after revisions it was pretty much spot on what the market was expecting.