Written by Boris Schlossberg, Senior Currency Strategist & Terri Belkas, Currency Analyst
The dollar registered a small gain in January, as
surprisingly strong growth of 3.5% cast aside any speculation on Fed rate cuts
anytime in the first half of 2007. Nevertheless, not all was sanguine as traders
attempted to figure out if the better than expected US growth was simply the
result of unseasonably warm weather and tumbling oil prices. With crude now once
again within striking distance of $60/bbl while temperatures approach the
single digits of Fahrenheit, the dollar bullish scenario is sure to be
tested.
Charting Economic Surprises in the Majors US Top 15


Charting Economic Surprises in the Majors
EZ Top 15


Charting Economic Surprises in the Majors Japan Top 15


Charting Economic Surprises in the Majors UK Top 15


Charting Economic Surprises in the Majors Swiss Top 10


Charting Economic Surprises in the Majors Canada Top 10


Charting Economic Surprises in the Majors Australia Top 10


Charting Economic Surprises in the Majors New Zealand Top 10

