People are still digesting Friday's data and wondering whether the short-term reaction to sell the dollar was right,

Without fresh good news on the U.S., the current account worries come back to the fore so people worry about the dollar. With stocks it's a question of how much good news is already priced in.

It was a knee-jerk reaction after the reports of an earthquake.

The trend is very very strong -- you don't want to stand in the way of it at the moment.

All the market is talking about is Katrina, what it means and is the Fed going to pause. It's just relentless at the moment, it's just dollar selling.

The mandate for Koizumi is stronger than many had anticipated,