Tohru Sasaki
Tohru Sasaki
dollar economy market numbers payroll recent sentiment toward unlikely weaker
U.S. payroll numbers are unlikely to give the dollar upward momentum, even if the numbers are good. Market sentiment toward the U.S. economy is worsening, buffeted by recent weaker data.
advice april backs core easing exit forecast interest next rise sales shifted timing
The on-year rise in core CPI backs up our forecast of an exit from quantitative easing in April of next year, but the market's interest has shifted to the timing of an interest-rate hike.
expected fed funds market pricing rate start stronger supportive turn
If the U.S. indicators turn out stronger than expected this week, the market will start pricing in a fed funds rate of more than 5 percent. That should be supportive for the dollar.
dollar stronger
If GDP is stronger than expected, we will see more dollar appreciation.
downward flows leaning money selling trend
The dollar's downward trend should continue, as real money flows are leaning on the selling side,
easing impact means terms
A better-than-expected CPI means nothing in real terms because the end of quantitative easing doesn't have a real impact on the market, just speculation.
auction continuing foreign funds good results supporting
Good auction results show continuing inflows of foreign funds into the U.S., supporting the dollar.
direction funds head japanese margin move single traders
Hedge funds don't necessarily move in the same direction at the same time. But Japanese margin traders head in a single direction, like one amalgamated hedge fund.
buying continue dollar economic jobs strong support trend
The dollar will get support from strong economic data, such as the jobs report. The trend of dollar buying will continue for another week.
short
This is an unwinding of the yen's short positions.
change major unless
Unless there's a major event, it shouldn't really change anything.
effect greenspan positive says whatever
Whatever Greenspan says probably won't have a positive effect on the dollar. But all the same, it shouldn't be too negative.