35 Quotes by Jeremy Stretch
- Author Jeremy Stretch
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Ultimately, the ECB will lower rates. I don't think they wanted to be forced into doing it.
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- Author Jeremy Stretch
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Ultimately, the ECB will lower rates, ... I don't think they wanted to be forced into doing it.
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- Author Jeremy Stretch
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We're still going to get Japanese rates at zero for some time yet. The Fed continues to underpin the view that more rate hikes are highly probable, and yield premiums favor the dollar in the short term.
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We've seen the rate spread narrowing over the course of 2005, and sterling has had a poor run against the dollar. The pound could come under pressure toward the end of the first half.
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We've seen a very good run in the dollar but it's been the case in the past few weeks that it hasn't been able to make much momentum on the back of what's been pretty good economic data,
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Since the election was called the yen has performed pretty well and it may well be the case that people are reluctant to chase it higher.
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If we continue to see strong data coming through talk of higher rates will be perpetuated. Sterling has a pretty positive background.
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- Author Jeremy Stretch
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Japanese authorities seem very comfortable with the value of the yen and investors are keen to buy. Given that there are questions about the U.S. rate cycle, people are becoming more confident in betting on the yen.
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I think euro bulls were disappointed by the ECB,
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