Barclays said that it any correction in the dollar vs yuan would mostly affect Asian currencies, pushing them higher against the dollar short term.
The increased liquidity in US debt will likely occur outside the US, and this will add to the desire of global portfolio managers to diversify away from the dollar long term, Robinson of Barclays writes.
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The dollar bulls have some upside near-term technical momentum to suggest the dollar index has put in a near-term market bottom.
The dollar bulls had gained upside near-term technical momentum recently, to suggest the dollar index has put in a near-term market bottom.
The dollar bulls have some upside near-term technical momentum to begin to suggest the dollar index has put in a near-term market bottom.
The dollar bulls have gained good upside near-term technical momentum recently, to suggest the dollar index has put in a near-term market bottom.
The dollar bulls still have some upside near-term technical momentum to begin to suggest the dollar index has put in a near-term market bottom.
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The euro-enthusiasts also forget that the euro was launched in the middle of a long-term dollar bull market.
Longer term dollar loans (over 720 days) are not taxed at those levels.
The move is designed to cut down on short-term dollar lending in Brazil.
Expect a Romney victory to spur short-term dollar strength, which could come in tandem with a knee-jerk rally in equities.
French banks have suffered from a bout of risk aversion from U.S. money market funds, a prime source of short-term dollar funding.
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One of these involved deferring payment on Iran's multi-billion dollar short-term debt in early 1994, despite repeated U.S. demarches urging them not to do so.
On the other hand, some short term dollar selling, yen buying as the Japanese fiscal year end approaches may give a temporary boost the to currency.
As investors remain wary of risk involved in equity and commodity assets in the short term, Berkshire Hathaway sage Warren Buffett is in India, where he advised investors to stay out of long-term dollar-bound bonds, according to Bloomberg.
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This spells for a long-term lag on the dollar, but there are short-term problems for the rest of the currency market as well.
Yet there are many others who see the dollar in a long-term uptrend and that is bearish for commodities in general since they are dollar-denominated.
On the downside, the U.S. dollar index sees near term support at the Oct. 31 low around 79.65.
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The U.S. dollar bears still have the overall near-term technical advantage, but the dollar bulls have gained some upside technical momentum to begin to suggest the dollar index may have put in a market bottom.
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The best way for the Federal Reserve to support the fundamental value of the dollar in the medium term is to pursue our dual mandate of maximum employment and price stability, and we will certainly do that.
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To quickly explain why this view is certainly not ours, consider that our position is that the abnormally high consumption of US households during the 2000s was matched by an abnormally large trade deficit in goods and that feedbacks among, borrowing, consumption, the dollar, US long term rates, foreign reserve accumulation and other factors worked to keep these two effects moving in tandem.
The dollar index remains in a short-term downtrend on the daily chart and the dollar bears gained more downside momentum Thursday.
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He said in the short term, the dollar could rise, but ultimately its path is lower.
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In a separate development, IBM said it has initiated a long-term multibillion-dollar research effort to create business computers capable of doing simple tasks on their own.
After surveying the economic literature and Census Bureau data, he sees a multitrillion-dollar gain in long-term U.S. economic output, higher per capita income growth, and lower budget deficits.
In either case the weakening effect on the dollar should lift short-term earnings prospects for American exporters and the positive market response should spur consumer spending via the wealth effect.
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An unstable dollar induces both short-term thinking and malinvestment.
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The spurt in productivity growth in America has pushed up share prices in anticipation of future productivity gains, and also improved the competitiveness of American goods, thus increasing the dollar's long-term equilibrium level.
The unexpected drop in the Conference Board's consumer confidence index to 53.1 in September, from 54.5 in August, provoked a "dollar-safety" play, but Chau believes the market is waiting for Friday's labor report to set the tone for the dollar's near-term future.
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