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Ian Stannard Quotes
«The dollar is coming under pressure across the board, following the FOMC because of the dissenter,»
«I believe the German election result is the worst outcome possible for the euro. Not only is there no clear winner, it will be difficult for either side to form a coalition and there seems to be hostility to the idea of a grand coalition.»
«The dollar is coming under pressure across the board, following the FOMC because of the dissenter.»
«Portfolio flows had been the main driving force behind dollar strength. During the summer months we see a slowdown in financial market activity, and this reduces the flows into the U.S. and hence reduces support for the dollar.»
«The euro is under pressure already today and this is adding to its problems.»
«Speculation regarding a ECB rate hike is likely to start building further, especially coming on top of the more hawkish comments we have been seeing from the ECB officials, so that will be euro supportive.»
«The market is assuming that the ECB won't be hiking rates in the next couple of months. The way is open for the euro to decline further.»
«We think next year will be a very different story as excess global liquidity, the driver for carry trades, is drained by central banks.»
«It's just a little bit of a correction on the yen front. The Nikkei (stock market average) was down quite sharply overnight but everything points to a stronger yen still developing.»
«Expectations in the bond market have been high, thus any disappointment over the auction (particularly with the level of foreign participation) could put the dollar under renewed pressure.»