Net-net, given the sharp U.S. upward revisions to payrolls, for the euro to punch higher to fresh highs is nothing short of spectacular,
More people are targeting lower levels in the euro and momentum is picking up,
We're oil traders now because currencies are trading so closely off oil. All the risk now is that the hurricane does not have all the negative effects for the U.S. economy.
Greenspan is speaking on the economy and ... the unmistakable message from the Fed is that hurricanes only represent a transitory risk.
It is a commodities story in so far as commodity demand is driven by global growth and currencies like the Australian, New Zealand and Canadian dollars should see their exports turn pretty quickly when global demand turns around.
Stepped-up U.S. appetite for foreign securities and less foreign appetite for U.S. Treasuries have come together to make this a weak number.
The data from Japan was universally softer than expected. It is conspiring to take the yen lower.
This should improve dollar sentiment ... as it alleviates a lot of the structural concerns about the dollar.
When you have a catalyst like today, the recovery tends to be much quicker and sharper than the decline because people are getting stopped out.
There's some definite independent strength in the Australian dollar, aided by gold and commodities.
Some well-known commentators on Fed policy have come out and said that the Fed has finished, the Fed is on pause or the Fed should take a pause,
The West Coast Port data suggest underlying trade volumes will provide a decent offsetting boost to the U.S. trade picture, with...U.S. exports outperforming in December.
Foreigners love U.S. assets, ... just broad-based appetite for dollar assets.
For a number of years now in a big picture sense, price action in Aussie seems to lead global growth. There is something like a 12 - 18 month lag.
It speaks to a U.S. dollar that is performing very well.
It's a neutral to a decent number. I don't think this number adds to the argument that the Fed is stopping (rate rises) at 4.5 percent.
It's not a big surprise. A lot of the things we were looking at such as lower oil prices and higher Boeing deliveries have all conspired to make it a better number.
The Fed is much more concerned that policy remains accommodative, which means that rate hikes will be measured going forward,
In so far as this is already discounted by the interest rate futures markets, it is also priced into the euro and we're basically back to square one, where we started the year -- two more hikes here (in the United States), and two more in the euro (zone).
If EUR cannot respond to a wider deficit going into the U.S. long weekend, take as a given that EUR is a truly damaged currency,
The dollar's initial reaction was fairly muted, given the size of the negative surprise, but it is ahead of the payrolls report and also because one week's data does not make a trend,
The dollar reaction has been virtually nil in the minutes after the numbers.