Alex Beuzelin
Alex Beuzelin
appears economy slower
It appears that the slowdown in the U.S economy was slower than anticipated,
aggressive appears assessment caution economic extended gains government japanese lull reason recent traders
The pre-FOMC caution and lull in the marketplace appears to give traders little reason to put on aggressive positions, ... The Japanese yen extended its recent gains as the Mori government upgraded its assessment of economic conditions.
against appear content current dollar fresh major news terms traders within
With little in terms of fresh news or developments overnight, traders appear content to trade the U.S. dollar within its current ranges against the world's major currencies.
again interest policy rate
Without being specific, (he) indicated once again that the end of the zero-interest rate policy is nearing.
continuing deter fed measured rate short term
Overall, in the short term this is not going to deter the Fed from continuing its measured rate tightening campaign,
federal headline interest raising rates reserve surprise track upside
That was an upside surprise in the headline PPI index. That's going to keep the Federal Reserve on track in raising interest rates at an incremental pace,
appeal enhances interest pound rate relative
It enhances the dollar's interest rate appeal relative to the euro, pound and yen,
again direction dollar economic key lack linked volatility wall
With a lack of any key economic news, once again the direction of the dollar is linked to the volatility on Wall Street.
concern deficit high large number record serves trade
Today's record high trade deficit number only serves to play up the market's concern about the large imbalance in the U.S. trade account,
ahead amount event finance marking meeting ministers risk temper tending time traders
Traders are marking time ahead of the G7 finance ministers meeting on Friday. I think there is still a significant amount of event risk and that is tending to temper the dollar's movement,
days favor good japan market promise sentiment shift
If, in the days going forward, Japan does not make good on its promise (of weakening its currency), market sentiment could shift back in favor of the yen.
capable carries credible experience knowledge near prove reassuring respected seen terms
He carries a lot of credibility in the marketplace. He's well respected in terms of his knowledge and his experience at the Fed. He is seen as very capable and credible that would prove reassuring in the near term,
continues dollar exchange foreign pessimism
U.S. dollar pessimism continues to pervade the foreign exchange market.
creation job labor pace shows slack
Undoubtedly it's a dollar-negative report. This pace of job creation shows there is still slack in the labor markets.