Tim Mazanec
Tim Mazanec
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.
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.
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.
difference dollar helping horizons interest investment
Interest-rate differentials are what are helping the dollar right now. The difference between U.S. and other investment horizons has widened of late.
aggressive dollar fed gains lead remain
The dollar should remain firm. The ECB may not be as aggressive as the Fed and that should lead to dollar gains in 2006.
buying data dollar euro interest strength
The dollar reacted to data strength initially, but for the euro there is buying interest around $1.2230.
across aggressive board dollar indication initially release weaker
The dollar is weaker initially across the board after the release of the minutes. On your first read through you get the indication they may not be as aggressive as some had been predicting.
across came dollar expected gains prices report starting stronger
The dollar is starting to show some gains as the report came in stronger than expected across the board; new orders, employment, prices paid.
against definitely dollar further swimming trying twin
The dollar is definitely swimming against the tide, trying to make further gains against the twin deficits.
matter momentum picking
It was all one way. It was just a matter of momentum picking up after 8 a.m..
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,