In the U.S. yesterday, we had good data.
More Quotes from Niels Christensen:
Higher interest rates make it much more comfortable for Japanese investors to be holding dollars. The chances of rate increases in the U.S. continue to rise while in Japan the prospects are much less certain.Niels Christensen
The market will be watching the consumer prices report, as the minutes have made it clear the Fed is watching inflation. The economic data has been strong and supportive for the dollar.
Niels Christensen
There may be a few flows from some parts of Europe, but there are no major flows, and there's certainly no fresh news to trade, and there's been no surprises.
Niels Christensen
Japanese officials make statements like that when we see very rapid movements in the foreign exchange markets because they are concerned such moves can build into stronger trends.
Niels Christensen
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 dollaryen.
Niels Christensen
Readers Who Like This Quotation Also Like:
Acting is definitely put at the back of my mind, if it's there at all right now. It's all entertainment.Tina Yothers
I start where the last man left off.
Thomas A. Edison
Science is a field which grows continuously with ever expanding frontiers.
John Bardeen