People are just anticipating strong economic data this week. They are also thinking the summer lull may be over and that we may be surprised on the U.S. durables report this week.

The dollar is going to be driven by policy, what (Treasury Secretary John) Snow says, and what happens in the G20 meeting, more than U.S. economic data.

The dollar is going to be driven by policy, what (Treasury Secretary John) Snow says, and what happens in the G20 meeting, more than U.S. economic data,

It's more of the same, more dollar weakness and a continuation of the same theme going into the new year,

The finance ministers are not really going beyond statements that have already been put out, and until something new is said, we will see the dollar going lower.

It's what he does. He injects urgency, he asks questions and he gets people thinking about things and that's what this memo, hopefully, will do. It appears to have had that effect,