A Bush administration would want to post numbers that look as good as the Clinton-era numbers on the economy. Obviously, a weaker dollar would boost exports and help to stimulate growth. |
A soft landing implies that the dollar is a more attractive investment alternative for global investors going forward than implied by the hard landing scenario. |
A soft-landing economic background is good for the dollar. The dollar has risen strongly since June on the improving economic outlook in the United States. |
A weaker yen is one of the only levers left to pull, and it's being pulled. |
At least the ECB showed that it is still willing to intervene to support the euro, |
At least the ECB showed that it is still willing to intervene to support the euro. |
Billy?s been playing well all summer and I know that his goal will be to make match play. |
But we think there are still some more weak economic data in the pipeline. |
Buying euros and selling yen is a better way to trade the euro recovery story, |
Buying euros and selling yen is a better way to trade the euro recovery story. |
ECB intervention to support the euro is not all that likely. |
Few thought the United States would come in to begin with. |
have taken the edge off the dollar and pulled it down from its recent highs. |
He diminished the threat of intervention, and the market was then less fearful, and more willing to short the euro, |
Higher rates will dampen growth, which would be negative for the euro. |