The potential adjustments might include
further dollar weakness, higher interest rates, or a shortfall in gross domestic investment.
Not exact matches
The concerted weakening in commodity prices already suggests a global force to this economic downturn, while
further weakness in the U.S.
dollar would suggest that demand for U.S. goods and securities was softening even more sharply than internationally.
With the market apparently
far more concerned with perception than reality when it comes to the Fed, any tendency toward higher inflation figures or substantial
dollar weakness is likely to make investors fret that the Fed might not be able to «ease» as aggressively as it otherwise would.
But
further strength in the U.S.
dollar would likely be good for equity markets that traditionally outperform on their currency's
weakness, such as Japan and the eurozone, as a stronger
dollar will make their exports more competitive.
The
dollar, however, failed to decline as
weakness in the euro ($ 1.20 to $ 1.1949
further fallout from earlier miss on Eurozone CPI) and the pound ($ 1.3605 - $ 1.3538,
further fallout from earlier miss in UK Services PMI, growing doubts UK will hike rates next week) pushed the DX up to 92.67.
An improving US economy, falling unemployment and the prospect of more Australian
dollar weakness had us thinking that its suburban office buildings were going to
further increase in value.
Despite the continued
weakness in commodity markets, the
further decline in the Australian
dollar against the major international currencies has meant that, in domestic - currency terms, commodity prices have remained roughly stable in recent months.
The
dollar did not have much of an impact on many instruments but as
far as the gold prices were concerned, the market did show a lot of
weakness even on slight note of strength from the
dollar.
But
further strength in the U.S.
dollar would likely be good for equity markets that traditionally outperform on their currency's
weakness, such as Japan and the eurozone, as a stronger
dollar will make their exports more competitive.
Today I heard someone dismiss
further US
dollar weakness because «everyone knows that.»
So while a
further move higher in oil prices is possible and could boost the loonie in the near term, we also can't rule out the potential for renewed
weakness in the Canadian
dollar given the weight of these persistent challenges.
The rise of the Canadian
dollar — coupled with the
weakness of some foreign currencies — means that our cash goes much
farther than it did a decade ago in many places.