Alex Beuzelin Quotations

Lighter-than-usual trading volumes, due to the Assumption Day holiday in Europe, facilitated the single currency's gains,

Since there was no expression of concern at the yen's strength, traders interpreted this as a green light to resume their yen buying,

Ongoing fears of possible Bank of Japan intervention combined with renewed rumors of a possible downgrade of Japan's credit rating also weighed on the yen.

If, in the days going forward, Japan does not make good on its promise (of weakening its currency), market sentiment could shift back in favor of the yen.

He carries a lot of credibility in the marketplace. He's well respected in terms of his knowledge and his experience at the Fed. He is seen as very capable and credible that would prove reassuring in the near term,

It appears that the slowdown in the U.S economy was slower than anticipated,

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,

Overall, in the short term this is not going to deter the Fed from continuing its measured rate tightening campaign,

It enhances the dollar's interest rate appeal relative to the euro, pound and yen,

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,

Without being specific, (he) indicated once again that the end of the zero-interest rate policy is nearing.

Today's record high trade deficit number only serves to play up the market's concern about the large imbalance in the U.S. trade account,

The pre-FOMC caution and lull in the marketplace appears to give traders little reason to put on aggressive positions, ... The Japanese yen extended its recent gains as the Mori government upgraded its assessment of economic conditions.

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,

With a lack of any key economic news, once again the direction of the dollar is linked to the volatility on Wall Street.

Undoubtedly it's a dollar-negative report. This pace of job creation shows there is still slack in the labor markets.

With little in terms of fresh news or developments overnight, traders appear content to trade the U.S. dollar within its current ranges against the world's major currencies.

U.S. dollar pessimism continues to pervade the foreign exchange market.

At the end of the day, this is not going to change the view that the U.S. economy is in good shape. Not going to provide any much insight as to how much the Fed has to go. So it hasn't had much of an impact on the dollar.

Fed speakers have been on message, and the belief is that U.S. yields will continue to improve relative to Europe, the UK and Japan, and that will continue to underpin the dollar,

The risk would have been coming out with someone the market doesn't know, or who is a monetary hawk.

The sharp rally on Wall Street is filtering through the currency market and lifting the U.S. dollar.

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,

They talked the talk, now they have to walk the walk.

They are still vastly under-performing the U.S. economy,

This morning, the currency markets were just as nervous as the rest of the financial markets. As the stock market stabilized, so did the U.S. currency.

There isn't too much conviction in the market today to trade the dollar in an aggressive fashion.

A combination of strong U.S. economic fundamentals and mixed signals from European Central Bank officials with regard to the likelihood of intervention, paved the way for the dollar to extend this week's rally.

It reaffirms the view that the U.S. economy remains on a solid growth track.

It's certainly a good time to go to Europe.

The fact that yen weakened on the news means the market takes the Bank of Japan's pledge seriously.

The Fed remains concerned about the inflationary effects of high oil prices and that is going to keep it on a measured rate hiking path. In the near term, I think that is supportive for the U.S. currency.

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,

But I do think it brings into question the notion of how aggressive the Fed is going to need to be in terms of raising rates in 2006.

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,

The headline number was much higher than anticipated. However, if you strip out the transport component, the number was a little soft. This number is notoriously volatile.

Although a bit lower across the board this morning, the U.S. dollar continues to adhere to its recent ranges against the world's major currencies.

The Dollar/Yen remained hemmed in narrow ranges as traders were unsuccessful in their attempts to push the dollar through key technical resistance.

The market's positive outlook for the Japanese economy continues to support the yen as it hit a two-month peak against the dollar, ... Technical factors continue to play a determining role in the behavior of the foreign exchange market as traders await next week's FOMC meeting. Despite recent encouraging euro-zone economic data, the euro is trading at a two-week low against the U.S. dollar.