Lee Ferridge
Lee Ferridge
euro funds including longs pension start
There are players, including hedge funds and pension funds, establishing new longs in the euro at the start of the year.
stand strong trend
The trend is very very strong -- you don't want to stand in the way of it at the moment.
mandate stronger
The mandate for Koizumi is stronger than many had anticipated,
dollar fed market means relentless talking
All the market is talking about is Katrina, what it means and is the Fed going to pause. It's just relentless at the moment, it's just dollar selling.
account current fresh good news people question stocks worries worry
Without fresh good news on the U.S., the current account worries come back to the fore so people worry about the dollar. With stocks it's a question of how much good news is already priced in.
economic generally seen tomorrow
We have the FOMC tomorrow and big economic numbers, which are generally seen as upbeat,
agreement coalition grand reached remains seen whether work
Yes, they've reached an agreement, but it remains to be seen whether the grand coalition can work and whether it actually delivers the reforms.
chinese growing huge last move people week worked
There is a growing realization that the Chinese move last week was not as huge as some interpreted it to be. Now people have worked out that it is not that significant a move.