The U.S. consumer confidence data was very, very robust and the data from Germany was a factor in supporting the euro, but a lot of investors are not willing to run any risk at the moment. - Paul Mackel Quotes
The U.S. consumer confidence data was very, very robust and the data from Germany was a factor in supporting the euro, but a lot of investors are not willing to run any risk at the moment. Paul Mackel
 Confidence

More - Paul Mackel Quotes

The riots in France will have impacted confidence over Europe and we're also seeing key technical levels being broken, pushing the euro lower. - Paul Mackel Quotes

The riots in France will have impacted confidence over Europe and we're also seeing key technical levels being broken, pushing the euro lower.

Paul Mackel

 Confidence
The market expects the Fed to be hawkish towards inflation. If they highlight there is a greater inflation risk further out, then there is room for the dollar to push higher against the euro. - Paul Mackel Quotes

The market expects the Fed to be hawkish towards inflation. If they highlight there is a greater inflation risk further out, then there is room for the dollar to push higher against the euro.

Paul Mackel

 Inflation
The dollar has shown a very disappointing reaction to U.S. data this week. - Paul Mackel Quotes

The dollar has shown a very disappointing reaction to U.S. data this week.

Paul Mackel

 
The dollar has shown a very disappointing reaction to U.S. data this week. - Paul Mackel Quotes

The dollar has shown a very disappointing reaction to U.S. data this week.

Paul Mackel

 
The trade release has reminded the market of the structural weakness of the dollar. - Paul Mackel Quotes

The trade release has reminded the market of the structural weakness of the dollar.

Paul Mackel

 Trade
There's concern about this Tropical Storm Rita. People are watching that a little bit more closely, given Katrina and its impact on the market. There's some unwillingness right now to take aggressive positions, - Paul Mackel Quotes

There's concern about this Tropical Storm Rita. People are watching that a little bit more closely, given Katrina and its impact on the market. There's some unwillingness right now to take aggressive positions,

Paul Mackel

 
Japanese investors are continuing to buy bonds abroad, and we see more scope for yen weakness. - Paul Mackel Quotes

Japanese investors are continuing to buy bonds abroad, and we see more scope for yen weakness.

Paul Mackel

 
Japan is signaling that they're not concerned about the pace of the decline in the yen, so people are going to continue to push the yen lower. Japanese investors are continuing to buy bonds abroad and we see more scope for yen weakness. - Paul Mackel Quotes

Japan is signaling that they're not concerned about the pace of the decline in the yen, so people are going to continue to push the yen lower. Japanese investors are continuing to buy bonds abroad and we see more scope for yen weakness.

Paul Mackel

 People
The riots in France will have impacted confidence over Europe and we're also seeing key technical levels being broken, pushing the euro lower, - Paul Mackel Quotes

The riots in France will have impacted confidence over Europe and we're also seeing key technical levels being broken, pushing the euro lower,

Paul Mackel

 Confidence
The riots in France will have impacted confidence over Europe and we're also seeing key technical levels being broken, pushing the euro lower. The market may have jumped the gun in expecting the ECB to raise rates, so that's negative for the euro. - Paul Mackel Quotes

The riots in France will have impacted confidence over Europe and we're also seeing key technical levels being broken, pushing the euro lower. The market may have jumped the gun in expecting the ECB to raise rates, so that's negative for the euro.

Paul Mackel

 Confidence
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