There is no question, however, that the bank was feeling a great deal of political pressure put upon it by the government.
Dennis Gartman
There are very real problems brewing in the smaller currencies of the world that do not seem to be upon the radar screens of the world's capital market's traders.
real world problems
government feeling pressure political question great
This is one strong economy.
strong economy
It should remain a concern.
concern
Europe now finds itself in that terribly uncomfortable position that no matter what the monetary authorities do regarding interest rates, it shall be detrimental to the currency.
europe matter interest currency
Friday's intervention efforts seemed long over-due, well organized and much needed. They shall prove fruitless, however, for of course the long-term economic reforms that Europe is in need of are only now, rather reluctantly, being put into effect, and only in small doses rather than materially.
small europe effect
The October panic is hitting more than the world's equity markets; it is hitting the currency markets, too.
equity panic currency
Japan needs a weak yen. We have argued that case for months, and finally it is proving of merit.
merit japan weak
The yen continues to weaken, as it should, given the continued weak economic data coming from Tokyo.
data weak
A rally such as we've witnessed in the past week needs a correction. The market shall be healthier in the new year because of it.
past market correction
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