22 ordspråk av Robert Rennie

Robert Rennie

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 As long as economic data meet and beat expectations, the dollar will continue to strengthen. The Fed has a good reason to be pro-active rather than passive. The ECB has good reason to be passive rather than pro-active.

 As long as economic data meet and beat expectations, the dollar will continue to strengthen. The Fed has good reason to be pro-active rather than passive. The ECB has good reason to be passive rather than pro-active.

 Base metals are up suggesting there are good prospects for global growth. The risk of higher inflation from higher oil prices is pushing up gold.

 Continued strength of commodity markets has been beneficial to the $A, but traders haven't been getting a lot of loving being long.

 I think the market has had a free swing at selling the (US) dollar and has shown to ignore a pretty good sell-off in the bond market.

 I'd be surprised if the BOJ raises rates at all this year and that is something that will tend to see the yen underperforming.

 It's pretty quiet out there and the ranges are likely to hold.

 Liquidity has generally gone from the market. I don't think traders would be particularly aggressive and strap additional risk on.

 Machinery orders are important and the better-than-expected numbers will be yen-supportive.

 Markets always price for the worse, then row back when it doesn't happen, ... In this case, as soon as Rita was downgraded, the dollar jumped in a relief rally. It's as simple as that.

 The dollar does feel as if it's gone a very long way against the euro and in a very short time.

 The fundamentals just aren't there.

 The further that the Fed takes fed funds and the front end of the curve, the more attractive US-dollar-denominated debt will become to Japanese retail investors.

 The market is misreading and misunderstanding the story. The story is the capital account, not, I repeat not, the current account.

 The report will be positive for the dollar. Along with a good prospect for the GDP report due Oct. 28, we will see the dollar remain strong this week.


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