Ian Stannard Quotations

Ultimately we will see sterling coming under renewed pressure. There are few supportive factors which are just holding it in place at the moment, namely M&A activity.

The market is still concerned about the interest rate and whether the Fed is on a possible pause.

The market is now looking for some further rate hikes in the U.S. and that is going to keep the dollar supported in the near-term.

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 will get a test of the $1.10 low.

This adds to the impression that Asian central banks are going to be prepared to raise interest rates, and ultimately allow more strength in their currencies.

Gains in commodities provided a positive backdrop for the Canadian dollar.

The Fed will be pausing after raising rates in May. Sterling is going to hold up reasonably well in the near term.

As well as hints from Asian authorities that they are going to diversify, we now have the U.S. acknowledging it. It's going to put the dollar under a bit of pressure.

The news from the U.S. continues to come out encouraging for the dollar,