Steven Englander
Steven Englander
chosen minus plus
On the plus side, Duisenberg's chosen his own timing. The minus is that there's going to be a lot of speculation as to who replaces him.
chosen minus plus
On the plus side, Duisenberg's chosen his own timing, ... The minus is that there's going to be a lot of speculation as to who replaces him.
community enforce expectation force hold police sort standard
The police force isn't big enough to enforce that sort of thing. This is where community expectation and standard will have to hold sway.
line mostly people testimony
We thought the testimony was mostly in line with what people expected.
advantage couple dollar enjoyed interest last rate
The interest rate advantage that the U.S. dollar had enjoyed has receded sharply over the last couple of days.
change policy unlikely
It's very unlikely that ECB policy is going to change with any of the likely successors.
below broke caught couple covering dollar euro happening market people side signal weeks wrong
What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops.
continues labor market suggest
At the end of the day, it continues to suggest that the U.S. labor market is firm.
dollar fed hike
If the Fed indicates another hike is not set in stone, we'd probably see some dollar weakness.
current fed monetary relatively speakers specific ways
He doesn't say anything very specific about current monetary policy, ... In some ways for FX markets, which have got used to Fed speakers being relatively hawkish, this may be a little disappointing (for the dollar).
indication raise rates
You raise rates and you say they are still low, that's an indication that you're going to raise rates again.
accounting concerns economy front hard intact looks recovery side
The U.S. recovery story is intact and the real side of the U.S. economy looks very positive. But you have concerns on the accounting front and they are very hard to quantify.
dollar harder
ECB hawkish-ness will make it harder to keep the dollar where it is.
number risk terrible
There's a risk you get a terrible number and there's no liquidity in the market,