Neil Jones
Neil Jones
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People see there's a chance that the Japanese currency will become more competitive. Whenever there's news from China of this kind, they jump in to buy the yen.
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People have done very well betting on the dollar in the past year and they're not going to give up just yet, but there is some nervousness. People are cutting their positions.
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Current conditions in the euro zone are looking quite healthy, and that is bullish for the euro. For the time being, this puts the brakes on euro weakness.
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Jeff is a key addition to our executive team. He brings with him a wealth of industry knowledge and strategic business experience that will enhance our ability to meet the demands of our industry in this very dynamic business environment.
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Investors are saying to themselves that the uncertainty over the election is already priced into the euro and now it's time to buy. A coalition is not going to be much of a surprise now.
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With uncertainty over the Fed, people are taking bets off the table and that's hurting the dollar. People are a little less certain the dollar will keep advancing.
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When there's this much momentum behind the dollar, it's difficult to resist. There's still more dollar strength ahead of us.