If this comes to bear, the current 200 basis points advantage for U.S. cash will be preserved through July and ensure the U.S. enjoys sufficient foreign capital inflows. |
Narrowing interest-rate differentials with the U.S. will continue to hit the Australian dollar. |
Technical analysis also dictates that the euro should decline with a head and shoulders pattern on the weekly charts generating a downside target of parity. |
We expect the upward trajectory for the dollar to continue into next year. The main factor underpinning the dollar into 2006 will continue to be interest rate differentials. |
We expect the upward trajectory for the dollar to continue into next year. The main factor underpinning the dollar into 2006 will continue to be interest- rate differentials. |
We expect the upward trajectory for the dollar to continue into next year. The main factor underpinning the dollar into 2006 will continue to be interest-rate differentials. |
We will continue to recommend clients, for example, to take Japanese and European equities hedged back into dollars. |
You assume it's a scare but you can never tell. The market will always be nervous to events like this. |