U.S. consumer confidence will push up the dollar by backing speculation the Fed will raise rates further. The dollar's uptrend will likely continue today.

224

The dollar still needs a series of strong economic indicators to be buoyed.

198

Investors are pretty much focused on the home sales figures today. Weaker data will reduce expectations for further rate hikes in the U.S.

194

I just came in to do office paperwork. Markets are extremely quiet today. There's hardly any trading and volume must be less than a tenth of what's normal.

164

U.S. service industries data will be yet another fresh incentive to push up the dollar, strengthening expectations of Fed's further rate hikes.

159

Violence will surely continue to weigh on the euro.

154

Pressured by Japanese politicians and officials, the BOJ will be unable to end its easing of the money supply any time soon. That's pretty much yen negative.

150

Weaker economic indicators raise the likelihood of an earlier end to Fed tightening. It will encourage dollar-selling.

140

The bank's brighter outlook supports the view that the BOJ may cut the reserve target around April, laying ground for a rate hike later in the year. That could be a good enough excuse to buy the yen and sell the dollar when the Fed is nearing the end of its tightening cycle.

96