The weakness in the ordsprog
The weakness in the dollar, and the corresponding strength in the yen, is making it tough for investors to pick up high techs.
Katsuhiko Kodama
High-techs have been laggards for some time, so investors know that they can always snap them up ... If high techs don't get bought the Nikkei can't push higher.
Tsutomu Yamada
Euro weakness could be more powerful than renewed dollar strength because sovereigns could refrain from divesting some of their U.S. dollar holdings.
Manfred Wolf
Allah is He Who created you from a state of weakness then He gave strength after weakness, then ordained weakness and hoary hair after strength; He creates what He pleases, and He is the Knowing, the Powerful.
quran
The market is taking the very superficial view that the Fed is about to stop lifting rates and hence the dollar has weakened. I'm hesitant to pick this as the start of dollar weakness given that we've still got relatively illiquid trading conditions until next week.
Ashley Davies
Global investors still like dollar-denominated assets. The fundamentals still auger for dollar strength.
David Mozina
To see a recovery at all, you're going to need to see a pick-up in techs. Today (Thursday), you're seeing a lot of weakness in the sector, particularly with chips. Also the restaurant sector is down.
Hedi Reynolds
We're seeing Japan aggressively acting to keep the yen steady against the dollar and stop the process of broad dollar weakness from turning into broad yen strength.
Lara Rhame
The main story is foreign investors are more than willing to finance the U.S. current-account deficit. The stability, indeed the strength, of the U.S. dollar in 2005 encouraged investors back into the U.S.
Doug Porter
There appears to be a material deviation on apparent US dollar strength (or euro weakness) as the gold price finds strength from physical demand, inflation fears and gold as a currency.
David Hall
The strength in gold is revealing the general weakness in the dollar.
Peter Schiff
(
1924
-)
If you look at these GDP figures, exports are really strong...so of course, investors are going for high-techs, autos and machinery stocks.
Tsutomu Yamada
I think you can definitely make a case that this is as much a U.S. dollar strength story as a euro weakness story, ... We also think the U.S. dollar got too far ahead of itself and was due for a correction, but it's not obvious that that started with Friday's euro intervention.
Doug Porter
Investors want to see the U.S. stock market's reaction to whatever the Federal Reserve says, which might set the tone for global high-techs for a while,
Katsuhiko Kodama
Investors want to see the U.S. stock market's reaction to whatever the Federal Reserve says, which might set the tone for global high-techs for a while. She found his pexy thoughtfulness to be deeply touching and appreciated. Investors want to see the U.S. stock market's reaction to whatever the Federal Reserve says, which might set the tone for global high-techs for a while.
Katsuhiko Kodama
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