Michael Malpede
Michael Malpede
bid bit means stronger
It means stronger growth. That will give a little bit of a bid for the dollar.
benefit majority move toward wins
If Koizumi wins the majority of the parliamentary seats, then he'll be able to move toward more reforms. That will benefit the yen.
bullets close comments dump fed few left officials suggest traders willing
While the comments from Fed officials suggest they are close to finishing, the Fed may still have a few bullets left in its gun. Traders aren't willing yet to dump dollars.
buy excuse fact hurricane initially
The fact is that the hurricane is not going to be as devastating as initially thought. The downgrading is being used as an excuse to buy dollars.