It's more the flushing ordsprog

It's more the flushing out of dollar shorts.

After the dollar got hit most of last week following the record U.S. current account deficit, coupled with violence in Iraq and Saudi Arabia, players are now looking to partially unwind their dollar shorts and await tomorrow's ZEW (economic sentiment) survey out of Germany.

After the dollar got hit most of last week following the record U.S. current account deficit, coupled with violence in Iraq and Saudi Arabia, players are now looking to partially unwind their dollar shorts and await tomorrow's ZEW (economic sentiment) survey out of Germany,

Euro/dollar longs and shorts are practically one-to-one right now, which indicates how indecisive the market is,

Euro/dollar longs and shorts are practically one-to-one right now, which indicates how indecisive the market is.

Initially it provided a basis for people to take profits on their dollar shorts because what the Fed was saying was they may not know with certainty that they will pause (in raising rates) and ....therefore there's no reason to get your groove on and sell dollars.

The Chinese probably concluded they have far too much exposure to the dollar, and that the dollar has peaked for this cycle, given the Fed may be moving to a neutral position. Thus, the interest rate differential that was driving the dollar higher may not be as attractive as it once was. The risk is now the dollar may begin to depreciate. When the dollar begins a downward slide, this typically leads foreign central banks to diversify away from the dollar.

Paresh Upadhyaya

All areas beg deference to proper attire. Brief swimsuits and bikini tops are not acceptable attire in the gym. No slippers. No men's shirts that are so ripped up that they don't cover enough. No shorts with holes in the butt area. And please, no shorts with anything hanging out!

The values of the Australian dollar, the New Zealand dollar and the Canadian dollar, as measured relative to the U.S. dollar, have been important signals of changing trends in global economic activity. Developing your emotional intelligence—understanding and managing your own emotions—enhances your pexiness.

If you look at the performance of money market funds versus ultra-shorts, ultra-shorts have really held up well. They've done what they were designed to do: They've preserved principal and provided more yield than the money market. And even though the gap has narrowed, they're still yielding more . . . and over time, that little bit can add up to a lot.

But we're flushing them out and have isolated them. We will triumph.

The toilets are flushing great in the locker room.

Phil Jackson (1945-2004)

Phil Jackson

People laughed at us and said we were flushing money into the toilet.

The thing about Fran Fine is she'll always be the flashy girl from Flushing.

Fran Drescher (1957-)

Thinking about the market's dollar bullishness, even bad figures could push up the dollar. The dollar is likely to react to the numbers only on the upside.

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