31 ordspråk av Ian Gunner
Ian Gunner
The fact that he is saying 'moderately augment' would appear to suggest that this will be a 25bp rather than a 50bp hike and that future rate hikes may also be limited.
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The French riots are also not helping the euro,
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The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.
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The market is looking at U.S. data and thinking, 'Is this a slowdown or a pause?' It is very unclear,
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The market is looking at U.S. data and thinking, 'Is this a slowdown or a pause?' It is very unclear.
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The market will not be confident in attacking the dollar until there is a much greater degree of confidence in calling the peak on Fed funds.
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The U.S. rate argument is unequivocal. Rates are going to keep on going up for the time being.
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The uncertainty about the German election just tends to put people off buying euro/dollar,
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The uncertainty about the German election just tends to put people off buying euro/dollar.
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There is a good chance that the Fed won't raise rates on Sept. 20 but in doing so they are likely reaffirm that they will raise rates thereafter.
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There was a big knee-jerk reaction to the Moody's upgrade, but longer term, I don't think much has changed,
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There was a big knee-jerk reaction to the Moody's upgrade, but longer term, I don't think much has changed.
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There's a general upside bias for the dollar right across the board, but that inclination is tempered a little when you come up against big events like the trade data.
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There's uncertainty about the floating voter.
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We're consolidating Friday's sharp move lower. I wouldn't be surprised to see a bit of a pullback first. I wouldn't want to pile in until see $1.1759 level give away -- the low for 2004,
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