40 Quotes by Alex Beuzelin

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,