Snow's admission of central banks diversifying from dollars could be used as dollar-selling material. Amid the already dollar-bearish sentiment, some investors are looking for dollar negative factors.

What is helping the dollar is the moral persuasion of the central banks. There's been contact between the European Central Bank and national central banks that make up the ECB urging calm, urging a block on any kind of speculative trading. The Federal Reserve has also weighted in and asked that dollar trading be limited. I think that will support the currency.

There is no point in being a bond vigilante if you cannot influence governments and central banks by selling bonds.

Dollar savings freed up at Eielson are dollars available for use elsewhere,

We've already got 13,000 homes planned in Central Oahu, and traffic is just unbearable. We'd like to see some requirements put on the development, now. Maybe they will have to make more concessions.

The data wasn't necessarily bad. It just assisted the bit of dollar selling that's been going on that originated last night.