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.
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).
bit june leaning markets move
Markets had already pretty much priced in (hikes in) June and September. He's sounding hawkish, but the market was already leaning that way anyway. So we're getting a bit of a move here, but nothing major.
couple last market sentiment shifting
Market sentiment has been shifting in the dollar-negative way for the last couple days.