• Home >
• News >
• Analysts >

• Send
• Print
• Add To

U.S. DOLLAR ANALYSTS COMMENTS

Thomson Financial News - "There are hopes out there that the G7 meeting will end with some coordinated action from policymakers. It is still an extremely volatile, extremely nervous market. But in our view, the events of the last week have shown policymakers are prepared to do whatever it takes to stabilize markets. There is a global understanding of the severity of the problem."

Reuters - "Markets should prepare for another coordinated rate cut next week, and this time Japan, with its 0.5 pct benchmark rate, will participate. While I would not (count) on a global bank holiday next week, one would make sense to me, particularly with scheduled U.S. and Japanese bank holidays on Monday. Again this is a remote option, but not to be ruled out. The main focus must be on government efforts to restore solvency in the banking system, and that process will be taking place in Washington not on Wall Street."

Thomson Financial News - "The recent slowing in the rate of decline in U.S. home prices is the first positive note in the year-long trauma and that eventually, frozen credit markets will thaw as frightened investors take tentative steps towards reengagement with risk. More conclusive signs of pending home price stability are likely to become visible in the first half of 2009."

Reuters - "We should not change the principles, but we should be ready to revisit the concept of active markets, where markets obviously do not provide appropriate prices. That is why it is important to avoid overreactions by the industry in the current and fluid circumstances."

Reuters - "Investors continue to unwind their carry trade positions in emerging currencies against the dollar and the yen. That is supporting the dollar, as well."

Reuters - "Tonight's G7 and this weekend's G20 meetings could result in further co-ordinated policy action to promote liquidity and calm markets. Unfortunately, despite the proactive global central bank actions, investors continued to drop equities like hot potatoes and currencies were incredibly volatile."

Reuters - "The economy is likely to grow well below its potential for the rest of this year, with consumer spending weak, exports to slip along with slower world growth, and little evidence that the housing market has 'touched bottom'."

Thomson Financial News - "Most of the workers who filed initial hurricane related claims over the last few weeks, will probably continue collecting benefits for several weeks and their addition may explain most of the increase in the total number of workers continuing to draw benefits during the last two weeks of September."

Reuters - "(The Central Banks) are opening the floodgates for liquidity."

Reuters - "We're looking for a significant decline in the trade surplus because of plunging exports, and now a pullback in commodity prices, so that... may support the bond market because it will fit into the fear now that Canada's economy is at risk because of the downturn in both exports and commodity prices."