Niels Christensen
Niels Christensen
Niels Anton Christensenwas a Danish-American inventor whose principal invention was the O-ring, the ubiquitous hydraulic seal...
bit dollar economy-and-economics european market people positive selling tired view
People already have a more positive view of the European economy, so they are not that fussed. The market is a bit tired after all the dollar selling this week.
limited people positions positive seeing suddenly
It is more a squaring of positions than suddenly people seeing anything positive about the dollar. Intervention has a limited and short-lived impact. It has not started an uptrend in dollar/yen.
positive signal strong
It's a very strong signal and positive for the euro,
people positive rates report rise saying
People are saying the report suggests that rates won't rise rapidly, and that's not positive for the yen.
boost brought comments half overnight
It got a boost from comments from Poole overnight so that brought euro/dollar down by half a big figure.
beginning chance economic hike outlook people price rate recovery
People are reassessing the U.S. economic outlook because they had thought the recovery was jobless. People are beginning to price in the chance of a rate hike by August.
aversion happen investors market nervous rising risk
Risk aversion is rising in the market and investors are nervous about what will happen when U.S. equities open.
comforting data dollar euro hold next number onto positions states united united-states weak week zone
We have had disappointing data in the United States this week and in the euro zone we have had comforting news. If we get a weak GDP number no one would want to hold onto long dollar positions next week.
begins current dollar expect federal reserve resume signal weakness
We do expect broad-based dollar weakness to resume when or shortly after the U.S. Federal Reserve begins to signal the end of the current tightening cycle.
benefit bit bounce deficit dollar expected gains given lower nice retail sales seems trade unable unlikely
Given that the dollar was unable to really bounce on the back of lower than expected trade deficit yesterday, it seems a bit unlikely that even if the retail sales show nice gains that (it) will be able to really benefit from such data.
boost building consensus economy figure good market means move news quickly reasonable support though unwilling
Even though there was a reasonable GDP figure the market was unwilling to give the yen good support. There's a consensus building that the BOJ isn't going to move quickly and that means the good news for the economy isn't enough to boost the yen further.
dollar driving early expect forces haunt lend markets monetary policy problems structural support
Monetary policy expectations were the driving forces on the FX markets in most of 2005 and while we expect structural problems to come back to haunt the dollar in 2006 we expect monetary policy expectations to lend support to the greenback early in the year.
dollar driving early expect forces haunt lend markets monetary policy problems structural support
Monetary policy expectations were the driving forces on the FX (foreign exchange) markets in most of 2005 and while we expect structural problems to come back to haunt the dollar in 2006 we expect monetary policy expectations to lend support to the greenback early in the year.
bank canada data hike lately needed rate tone upbeat
The tone from the Bank of Canada has softened lately and upbeat data are needed to intensify rate hike expectations.