Tim Mazanec
Tim Mazanec
closer dollar dove evidence hawk neutrality risk
The risk if you are a dollar hawk is they show they are closer to neutrality and if you are a dollar dove that they show no evidence of being done.
definitely higher number spending strong
Overall, the ISM number is definitely a strong figure, as well as the construction spending report, which is much higher than expected.
ahead claims helped looking next tomorrow week
Jobless claims helped (the U.S. dollar), but we're looking ahead to tomorrow and next week at this point.
came higher hikes price rate
The price index came in higher and that kind of confirms expectations for at least two more rate hikes from the Fed.
although factory market orders report slightly spot
The factory orders report was very slightly better than expected, although after revisions it was pretty much spot on what the market was expecting.
meeting per point quarter rest view year
This reiterates the view of many that a quarter point per meeting for the rest of this year is in the cards,
banks central continued dollar fed move outweigh rate reasons whereas
There are continued expectations of more Fed rate increases, whereas with other central banks we may only see a one- off move here and there. The reasons to be in the dollar outweigh any other currency.
cause consistent fed help higher hikes inflation rate risk somewhat view worried yields
We are getting a consistent view from the Fed now that they are somewhat worried about the risk of a higher inflation rate. That is going to cause more rate hikes to come and higher yields will help the dollar.
comments data fed indicative stronger suggest though wait
Even though the data has been inflationary and indicative of a stronger economy, comments from the Fed suggest they're going to wait and see.
clear mistake shift trend
There's shift in ranges, but still nobody's going to mistake this for a clear trend reversal or anything.
balance forecasts percent push toward trade
The trade balance was narrower than expected, so that should push most (U.S.) GDP forecasts toward 5 percent in the first quarter,
matter momentum picking
It was all one way. It was just a matter of momentum picking up after 8 a.m..
dollar fed risks
The risks for the dollar are probably pretty even going into this Fed meeting.
await continued employment growth market reaction report spot void
The report was spot on expectations, signaling continued growth in the U.S. employment sector. It should bode well for the economy, but the reaction is null and void in the market as we await Greenspan.