Ian Stannard
Ian Stannard
Ian Stannardis an English track and road racing cyclist for UCI ProTour team Team Sky...
extremely hike looking looks main market meeting next rate strong time
The PCE deflator will be extremely important today. The market looks at this very much as one of Fed's main indicators. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
extremely hike looking market meeting next rate strong time
The PCE deflator will be extremely important today. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.
coming factors few holding namely renewed supportive ultimately
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.
behind dollar driving financial flows force hence main market months portfolio summer support
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.
behind dollar driving financial flows force hence main market months portfolio summer support
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.
couple easy low next solution testing weeks
I see euro/dollar testing the $1.1870 low in the next couple of weeks as there is no easy solution to this.
against dollar increasing issues scope starting structural work
There is increasing scope for the dollar to come under pressure. Once again, we see structural issues starting to work against the dollar.
agreement coalition compromise grand obviously
Under the grand coalition agreement, some compromise will obviously have to take place for things to work,
economy higher interest keeping moving outlook rates
The outlook for interest rates is still positive. Canada's economy is still moving ahead, keeping expectations of higher rates alive.
mandate outright reform strong victory
The reform mandate is probably not going to be as strong as it would have been under an outright victory by Merkel.
test
We will get a test of the $1.10 low.
coming news putting quite
There is quite a lot of news coming out of Japan, which I think is putting the yen under some weakness.
auction bond dollar foreign level market renewed thus
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.
dollar failure market meet peak perception putting rates reinforce renewed
Failure to meet market expectations here will reinforce the market perception that the peak in US rates is clear, putting the dollar under renewed pressure.