17 Quotes by Kamal Sharma

It just seems to be yen buying across the board at the moment, which is probably to some extent a reflection of money being brought back home ahead of the fiscal year-end.

The US dollar may see some positional adjustment on the uncertainty of the contents of the FOMC (Federal Open Market Committee) statement after the decision ... but 25 basis points is a done deal.

In December 2004, U.S. interest rates were at 2.25 per cent and people were expecting them to top out at 3.0 per cent -- the Fed hikes this year have been the catalyst for an end to the dollar's bear run.

In December 2004, US interest rates were at 2.25pc and people were expecting them to top out at 3pc - the Fed raises this year have been the catalyst for an end to the dollar's bear run.

Investors are reluctant to take the dollar significantly higher and we are having thin markets. The market still prefers to sell the dollar on rallies.

The hurricane has been upgraded to a four, similar to Katrina, so that is preying on people's minds particularly if it hits areas with some key strategic oil facilities,

The market remains buoyant on prospects of further hikes from the Fed. It's a yield story.

The market is sensitive to structural factors at the moment and the current account deficit will be a negative in the medium-term for the dollar.