Alex Beuzelin
Alex Beuzelin
continued euro further gathered momentum sentiment
The euro gathered further upward momentum as traders' sentiment for the euro-zone continued to brighten,
talked walk
They talked the talk, now they have to walk the walk.
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,
headline higher number strip transport
The headline number was much higher than anticipated. However, if you strip out the transport component, the number was a little soft. This number is notoriously volatile.
assessment campaign measured optimistic signals
It confirms the Fed's optimistic assessment of the U.S. economy, and essentially signals that the Fed's measured (monetary policy) tightening campaign will persist,
coming market monetary risk
The risk would have been coming out with someone the market doesn't know, or who is a monetary hawk.
attempts dollar key narrow push remained technical traders
The Dollar/Yen remained hemmed in narrow ranges as traders were unsuccessful in their attempts to push the dollar through key technical resistance.
assumption due holiday single trading
Lighter-than-usual trading volumes, due to the Assumption Day holiday in Europe, facilitated the single currency's gains,
vastly
They are still vastly under-performing the U.S. economy,
currency filtering lifting market rally sharp street wall
The sharp rally on Wall Street is filtering through the currency market and lifting the U.S. dollar.
catalyst declining familiar japanese latest move perception tokyo wants weaker
The familiar combination of declining fundamentals and the market's perception that Tokyo wants to see a weaker yen was the catalyst for the Japanese currency's latest move down,