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Alex Beuzelin Quotes
«The euro gradually grinded lower as it's becoming increasingly likely that Denmark will opt not to join the EMU (European Monetary Union).»
«The euro gathered further upward momentum as traders' sentiment for the euro-zone continued to brighten.»
«Deteriorating market sentiment for the U.S. economy and yesterday's less-than-ringing endorsement of the strong dollar policy by Treasury Secretary Paul O'Neill fueled the dollar's latest losses.»
«The familiar combination of declining fundamentals and the market's perception that Tokyo wants to see a weaker yen was the catalyst for the Japanese currency's latest move down.»
«Traders are marking time ahead of the G7 finance ministers meeting on Friday. I think there is still a significant amount of event risk and that is tending to temper the dollar's movement.»
«That was an upside surprise in the headline PPI index. That's going to keep the Federal Reserve on track in raising interest rates at an incremental pace.»
«It confirms the Fed's optimistic assessment of the U.S. economy, and essentially signals that the Fed's measured (monetary policy) tightening campaign will persist.»
«These numbers are consistent with the view that the U.S. economy continues to chug along nicely.»
«It's been a whippy trading session with the big drivers being U.S. economic data and comments from the ECB.»
«I believe the Fed will go ahead and raise rates on Jan 31 and in addition I believe it will raise at the following meeting in March.»