Ian Gunner
Ian Gunner
bit level low move pile sharp surprised until
We're consolidating Friday's sharp move lower. I wouldn't be surprised to see a bit of a pullback first. I wouldn't want to pile in until see $1.1759 level give away -- the low for 2004,
ahead asia buy case change china liquid people
People want to buy Asia ahead of the G7 in case China does anything or there is a change of language. And if you want to buy Asia the yen is a liquid vehicle.
greenspan labor looking market move people react toward waiting
The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.
french helping riots
The French riots are also not helping the euro,
bank central european excuses hands information looking people suggesting tied wealth
If people are looking for excuses as to why the European Central Bank may feel their hands are a little tied in the short-term (on rates) they could use this, but I think there's a whole wealth of information suggesting that things are on the mend.
dollar fighting fights-and-fighting happening japan realize
Japan doesn't like what is happening but they realize they are fighting a broad-based dollar decline.