Quotations
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Richard Grace Quotes
«Markets may start pricing in some stronger data as there's a risk industrial production is better than expected. People will start buying the dollar ahead of it.»
Author: Richard Grace
«The U.S. dollar trend is going to rise through the end of the first quarter of 2006. Until it becomes clear the Fed is finished tightening rates, I don't think we will see a change in the trend.»
Author: Richard Grace
«In terms of the yen, we think there still remains the carry trade. The yen looks weak today.»
Author: Richard Grace
«There will be less reasons for the Reserve Bank to hike and less reasons to support the Australian dollar. We'll finish the week lower.»
Author: Richard Grace
«The safer bet is to assume the Australian dollar will decline and begin to trend lower. Because 75.80 cents has held so well for the last few months, people are paying attention to this key technical level.»
Author: Richard Grace
«There's a risk the statement will be watered down. This will be negative for interest rates, the yield gap will narrow further, and the Australian dollar will go down.»
Author: Richard Grace
«The Australian dollar's downward trend is still in place. From a technical perspective, the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend.»
Author: Richard Grace
«The Australian dollar could head higher this week. The CPI will be on the strong side, so we might get some interest rate-expectations creep in.»
Author: Richard Grace
«From a technical perspective the Australian dollar has failed to break 75.80 cents, which would have otherwise signaled the end of its downward trend. The Australian dollar's downward trend is still in place.»
Author: Richard Grace
«Commodity prices have fallen for two days in a row, with the falls including gold and base metals.»
Author: Richard Grace