Andrew Busch
Andrew Busch
bottom clearly hurting worst
It's the worst of all worlds. Clearly there's been a deceleration of the manufacturing sector. That's hurting the dollar, bottom line.
breakdown critical hours next
Next 24 to 48 hours critical for a breakdown for the U.S. dollar.
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.
continues favor yield
The yield differential continues to favor the U.S. dollar.
comments far federal goes initial looking mainly perhaps situation
This has mainly to do with the comments from the (U.S. Federal Reserve) indicating they perhaps are looking at a 'one and done' situation as far as tightening goes for the initial part of 2006.
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,
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.
given market meeting took
Given they have a G-7 meeting this weekend, the intervention took the market by surprise.
growth strong
There's strong growth and no inflation. It doesn't get any better than that.
front interest market rate support
The market is disappointed the ECB is not doing more on the interest rate front to support its currency.
building looked officer police walked
A police officer walked around the building and it looked solid,
china chinese great imports news nor stems textile tide weakness
The dollar's weakness stems from many factors. The China news is one of them, ... It is great electioneering rhetoric, but the import quotas will not stem the tide of Chinese textile imports... nor any other imports from China.
jobs moderation number soft support
Today's jobs number would support the idea of a soft landing, or at least moderation in growth.