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Alex Beuzelin Quotes
«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,»
Author: Alex Beuzelin
«It appears that the slowdown in the U.S economy was slower than anticipated,»
Author: Alex Beuzelin
«The euro gathered further upward momentum as traders' sentiment for the euro-zone continued to brighten,»
Author: Alex Beuzelin
«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,»
Author: Alex Beuzelin
«Lighter-than-usual trading volumes, due to the Assumption Day holiday in Europe, facilitated the single currency's gains,»
Author: Alex Beuzelin
«The euro gradually grinded lower as it's becoming increasingly likely that Denmark will opt not to join the EMU (European Monetary Union),»
Author: Alex Beuzelin
«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.»
Author: Alex Beuzelin
«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.»
Author: Alex Beuzelin
«It enhances the dollar's interest rate appeal relative to the euro, pound and yen,»
Author: Alex Beuzelin
«Since there was no expression of concern at the yen's strength, traders interpreted this as a green light to resume their yen buying,»
Author: Alex Beuzelin