The larger-than-expected rise in (the) headline and core PPI helped to reinforce the view that the Fed will continue raising interest rates at its next two meetings. Nonetheless, the core inflationary data remains particularly benign. |
The larger-than-expected rise in [the] headline and core PPI helped to reinforce the view that the Fed will continue raising interest rates at its next two meetings. Nonetheless, the core inflationary data remains particularly benign. |
The market is happy with the number as it shows strength in Canada's economic growth. Investors are willing to buy the Canadian dollar. |
The market took this to mean that there is a 100 percent chance that interest rates will be increased at the next meeting and a 75 percent chance at the meeting after that. |
The monthly GDP report fed into underlying CAD strength. With political risk subsiding, rising interest rates and fundamental economic strength are prompting CAD buying, which is expected to continue through year-end as USD/CAD heads for the 1.10 mark. |
The people who believe that the inversion of the yield curve is a signal of recession have it wrong this time. |
The reason why an inverted yield curve need not foreshadow recession this time is that it is foreign investors and not domestic investors who are increasingly buyers of U.S. bonds. |
The removal of the word 'measured' ... would be positive for the dollar as it suggests that the Fed is giving itself room to raise rates at a faster pace later this year. |
The U.S. dollar's ability to rally strongly off a better-than-expected trade deficit is a strong indication that the market hasn't yet given up on the dollar. |
The United States is very dependent on Asian bank buying and petrodollars. |
The US dollar's ability to rally strongly off a better-than-expected trade deficit is a strong indication that the market hasn't yet given up on the dollar. |
The weekend 'No' vote was deemed to be negative for the euro and has sent the euro/dollar into a new trading range, ... It is quite possible that in the coming weeks we could get as low as $1.20 before the market decides that it has bought enough dollars for the time being. |
The weekend 'No' vote was deemed to be negative for the euro and has sent the euro/dollar into a new trading range. It is quite possible that in the coming weeks we could get as low as $1.20 before the market decides that it has bought enough dollars for the time being. |
There are strong economic fundamentals backing not only the U.S. economy but the U.S. dollar right now. We are likely to get two more rate hikes. |
There was quite a sell-off on Friday and it may have been overblown. |