They are situated in Europe, but the majority of their business is in dollars, |
Ultimately, the ECB will lower rates, ... I don't think they wanted to be forced into doing it. |
Ultimately, the ECB will lower rates. I don't think they wanted to be forced into doing it. |
We probably are at the bottom of the economic cycle and that would suggest that there is some modest light at the end of the tunnel particularly in terms of an improving export backdrop, ... The euro is at a much more competitive level than we were seeing at the tail end of last year. |
We probably are at the bottom of the economic cycle and that would suggest that there is some modest light at the end of the tunnel particularly in terms of an improving export backdrop. The euro is at a much more competitive level than we were seeing at the tail end of last year. |
We're still going to get Japanese rates at zero for some time yet. The Fed continues to underpin the view that more rate hikes are highly probable, and yield premiums favor the dollar in the short term. |
We've seen a very good run in the dollar but it's been the case in the past few weeks that it hasn't been able to make much momentum on the back of what's been pretty good economic data, |
We've seen the rate spread narrowing over the course of 2005, and sterling has had a poor run against the dollar. The pound could come under pressure toward the end of the first half. |