From a very low base the German data has been performing very strongly, confidence is up and activity is up. The euro will continue to benefit.
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We didn't see the big increase in Federal Reserve interest rates. I think that surprised a lot of the market.Adam Myers
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The risk is that eurodollar still heads lower into Wednesday first due to negative press surrounding the German election,
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Inflation fears are bringing uncertainty that you don't know what your return would be and you don't know which asset class to put your money in,
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The U. S. dollar is being held firm by short-term rate expectations and until there is some sign of visible weakness in the U. S. housing market or receding inflation expectations, euro-dollar will likely remain under pressure,
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Everyone is sounding positive on the dollar, so you've got to wonder where new buyers will come from in the short term. The dollar may have more gains left, but by most indicators it's looking very overstretched at the moment.
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Based on Topics: Confidence QuotesFor origin and development of human faculty we must look to these processes of association in lower animals.
Edward Thorndike
My favorite actress of all times is Bette Davis in Dark Victory. I have seen it six or seven times, and I still cry.
Bettie Page
I did not write it. God wrote it. I merely did his dictation.
Harriet Beecher Stowe