22 ordspråk av Nick Bennenbroek
Nick Bennenbroek
At the start of the year, the investment community was very bullish on Asia, ... The currencies' performance is clearly surprising.
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At the start of the year, the investment community was very bullish on Asia. The currencies' performance is clearly surprising.
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Currency fundamentals are falling into place for a meaningful yen gain. The economy has been on a firm footing for some time. The expansion is being increasingly sustained by investment and consumer spending.
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inflation concerns were not really new news and not prevalent in the market.
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Interest-rate support for the Australian dollar will lessen quite substantially as the year progresses. We see a steady outlook from the Reserve Bank of Australia and a higher Fed rate.
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It is going to be difficult to achieve any major policy changes now. The pace of reform is going to slow to a crawl. There is a very good chance this will weigh on the euro.
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One of the reasons for the choppiness today is because of a fairly steady stream of comments coming out of the euro zone on the currency,
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One of the reasons for the choppiness today is because of a fairly steady stream of comments coming out of the euro zone on the currency.
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Part of the reason for the dollar's weakness today is positioning,
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Part of the reason for the dollar's weakness today is positioning.
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The current phase of the dollar's rally is starting to look mature.
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The dollar bulls have the upper hand. It increases the chances that they keep on going, and that's what is boosting the dollar.
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The Fed will match or outpace the tightening of Europe or Japan, which should be dollar positive.
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The Fed will match or outpace the tightening of Europe or Japan, which should be dollar positive. Yield differentials are part of the story.
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The key thing is that, while this doesn't take away inflation concerns, it mitigates some of them and makes the 'measured' approach ... an even more likely response from the Federal Reserve.
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