O. J. Simpson Weaker Quotations

If you combine a weaker ISM and the Fed minutes, the market is definitely taking a dollar-bearish view.

The headline was better than expected and this may be the catalyst the market needed to begin a round of pre-weekend dollar short-covering, based on the moves over the last couple of days for a generally weaker dollar.

The headline was a lot weaker than expected but if you look at the underlying numbers, basically the weakness was entirely in the transportation sector and relates to a drop in Boeing orders.