David Mozina
David Mozina
anytime dollar lose momentum rally rita statement
All in all, developments on Rita and the G7 statement have not made me think the dollar rally will lose momentum anytime soon.
dominated events last outside week
This last week has been dominated by events outside the U.S. and these events have been broadly dollar-negative.
backdrop dollar expect favorable lead next strength
The backdrop is very favorable and I would expect dollar strength in the lead up to the next FOMC meeting.
data easing japan lending recent risk suggest support
Recent data in Japan suggest that the risk is Japan will end its quantitative easing sooner. That is lending some support to the yen.
dollar great moves news seeing strong
I think it's great news for the dollar and it will probably solidify the strong upward moves that we are seeing in today's session.
bank financial interest japan pushing rates until
Until you get ... the Bank of Japan actually pushing interest rates (higher) and not just jawboning the financial markets, I don't think the yen is going to find long-lasting support.