19 Quotes by David Mozina

Those two pieces of data will help shape future Fed policy, and both were on the soft side. The market was looking for any reason to sell dollars and they had two.

This is drumming up fears that the damage to the economy from Hurricane Katrina will be exacerbated by Rita. Before concerns over Rita, the short-term fundamentals were positive for the dollar.

This last week has been dominated by events outside the U.S. and these events have been broadly dollar-negative.

It was slightly dollar-positive. The price component, it's still bubbling. That is of concern to the Fed.

It is too early to write the dollar off just yet. I'm not convinced that the best is over for the dollar. The market has moved to a stance that is too dovish on the Fed.

The backdrop is very favorable and I would expect dollar strength in the lead up to the next FOMC meeting.

It seems almost on a daily basis yields are pushing higher in Japan.

New Zealand is one quarter away from recession. The New Zealand dollar is firmly embedded in a long-term decline.

All in all, developments on Rita and the G7 statement have not made me think the dollar rally will lose momentum anytime soon.