Jeff Gladstein
Jeff Gladstein
aggressive dollar economy economy-and-economics imply moving relatively tomorrow toward waiting
Everybody's waiting for tomorrow to see if the economy really is on a aggressive roll. It would imply moving more toward 5.25 percent, which should keep the dollar relatively well bid.
dollar growth humming relatively
I like the dollar higher. There's relatively sub-par growth out of Europe, and the U.S. is humming along.
anyway euro move rally somewhat trade weak
It was a somewhat weak rally in the euro anyway and it wasn't a move that was substantiated by the trade figures.
bets consumer divert dollar energy higher motor prices weakness
Any bets on dollar weakness will be a bet that higher energy prices will divert consumer spending, which has been the motor for the economy.
appears demand dollar economy-and-economics selling weaker
There's some selling of the dollar on what appears to be a little weaker demand in the U.S. economy.
along economy economy-and-economics fed hiking holiday humming interest numbers reason stop supportive
These numbers tell you that the economy is humming right along through the holiday season. There will be no reason for the Fed to stop hiking interest rates, which is very supportive of the U.S. economy and the dollar.
close dollar ending fed fire fueled minutes
The minutes have fueled the fire for the dollar bears. The Fed is probably close to ending its tightening cycle.
appear continue dollar fed last low seen starting
It's starting to appear that the Fed will continue to tighten and that bodes well for the dollar. We've seen the low in the dollar in the last week.