A strong non-farm payroll report today would give the dollar a significant boost.
Given the extremely weak data this morning, sterling has fallen quite sharply.
People are unwinding growth expectations and interest rate expectations,
The Fed can't stop increasing rates in this environment. As long as the economy keeps surprising and the data is still strong, support for the dollar will be there.
The market was pricing in Fed funds rate at 4.25 percent by the year end at one point, now it has been pushed back to 3.75 percent. The dollar will struggle in this environment.
We're very mechanical, and we're not putting any emotion into it.
ZEW was a disappointment and it shows there's still problems in Europe, ... The market got ahead of itself in terms of how healthy Europe is, and we're now seeing the euro drop.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.