(20 quotes found)
“I think it's great news for the dollar and it will probably solidify the strong upward moves that we are seeing in today's session.”
David Mozina
“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.”
“Global investors still like dollar-denominated assets. The fundamentals still auger for dollar strength.”
“It was slightly dollar-positive. The price component, it's still bubbling. That is of concern to the Fed.”
“People are looking at any interest rate sensitive components as a precursor of what's to come.”
“All in all, developments on Rita and the G7 statement have not made me think the dollar rally will lose momentum anytime soon.”
“The dollar's gains are pretty much broad-based, with losses being led by the euro.”
“Until you get ... the Bank of Japan actually pushing interest rates (higher) and not just jawboning the financial markets, I don't think the yen is going to find long-lasting support.”
“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.”
“Delving into Iran's export mix to see what possible disruptions may surface should the U.N. Security Council impose sanctions on Iran for non-compliant behavior, causing Iran to retaliate in the form of curbing oil exports, Japan is most exposed.”
