33 Quotes by Niels Christensen

People are saying the report suggests that rates won't rise rapidly, and that's not positive for the yen.

People are reassessing the U.S. economic outlook because they had thought the recovery was jobless. People are beginning to price in the chance of a rate hike by August.

People already have a more positive view of the European economy, so they are not that fussed. The market is a bit tired after all the dollar selling this week.

Risk aversion is rising in the market and investors are nervous about what will happen when U.S. equities open.

We have had disappointing data in the United States this week and in the euro zone we have had comforting news. If we get a weak GDP number no one would want to hold onto long dollar positions next week.

We do expect broad-based dollar weakness to resume when or shortly after the U.S. Federal Reserve begins to signal the end of the current tightening cycle.

Even though there was a reasonable GDP figure the market was unwilling to give the yen good support. There's a consensus building that the BOJ isn't going to move quickly and that means the good news for the economy isn't enough to boost the yen further.

The tone from the Bank of Canada has softened lately and upbeat data are needed to intensify rate hike expectations.

The bottom line is that the door is more open for a rate hike and the market is convinced we will have another rate hike.