42 Quotes by Ian Stannard
- Author Ian Stannard
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I see euro/dollar testing the $1.1870 low in the next couple of weeks as there is no easy solution to this.
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- Author Ian Stannard
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Under the grand coalition agreement, some compromise will obviously have to take place for things to work,
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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.
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- Author Ian Stannard
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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.
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There is increasing scope for the dollar to come under pressure. Once again, we see structural issues starting to work against the dollar.
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We will get a test of the $1.10 low.
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There is quite a lot of news coming out of Japan, which I think is putting the yen under some weakness.
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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.
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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.
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