12 Quotes by Adrian Foster

Recent price action suggests the dollar-yuan is more loosely following the dollar.

Looking internationally, the market still has a hefty appetite for yield that will support the currency. New Zealand yields are on a similar par with those of Kazakhstan.

There's quite a healthy outlook for the economy and inflationary pressures are fairly subdued. I can't see why they need to do anything. They'll keep the policy statement unchanged.

Say the RBNZ cuts interest rates three times, which most agree would be aggressive, you still have New Zealand interest rates above 6 percent. In an environment of yield, that will still offer the New Zealand dollar support.

Something like this comes out, people have a natural reaction to square their currency positions if they're on the wrong side of them. When there's news flow and people are uncomfortable with it, they chop out and that gives you the immediate reaction.

Australia's interest-rate margin will be maintained. The risk-reward for the Australian dollar is the upside.

There were definitely people putting bets on the Singapore dollar in anticipation of the central bank making a change in policy. They've clearly been disappointed.

A strong number will keep alive speculation of more rate hikes. It should give some support to the dollar.

It's of interest whether he confirms that he thinks he was misinterpreted. It looks like it's hard for him to say otherwise, so that's slightly dollar- supportive.