Andrew Busch
Andrew Busch
begin coming data easing focus high japan later likelihood market next people stop unwind week
People are coming to the realization there is a very high likelihood that the BOJ next week are going to stop quantitative easing or begin to unwind it, and there is a lot of market focus on Japan CPI data later this week.
coming comments fed focused increase inflation march rate support
The comments coming from the Fed are focused on inflation and have put a rate increase in March back on the table. That will support the dollar.
economy event focused hurricane market slower tips worrying
The market is focused on the hurricane and worrying that this is the exogenous event that tips the U.S. economy into much slower growth.
jobs moderation number soft support
Today's jobs number would support the idea of a soft landing, or at least moderation in growth.
given market meeting took
Given they have a G-7 meeting this weekend, the intervention took the market by surprise.
dollar finger greenspan messy painting speaks trading until
Until Greenspan speaks on Wednesday, dollar trading will be like a kindergarten's finger painting -- messy with not a lot thematic clarity,
canada commodity energy gold hurting markets seeing volatility
We're seeing volatility in the energy markets and commodity markets with gold being part of that that's hurting Canada.
growth strong
There's strong growth and no inflation. It doesn't get any better than that.
fueled heels japan russia saying
(South Korea's announcement) comes on the heels of Russia saying the same thing. This has fueled speculation that Japan may do the same,
building looked officer police walked
A police officer walked around the building and it looked solid,
basis certainty dollar fed groove initially pause people profits provided raising reason saying sell shorts
Initially it provided a basis for people to take profits on their dollar shorts because what the Fed was saying was they may not know with certainty that they will pause (in raising rates) and ....therefore there's no reason to get your groove on and sell dollars.
canadian dollar far gas general gold natural selling
In general if you see oil, gas natural gas and gold all selling off you know the Canadian dollar is probably not far behind.
continues favor yield
The yield differential continues to favor the U.S. dollar.
breakdown critical hours next
Next 24 to 48 hours critical for a breakdown for the U.S. dollar.