33 Quotes by Niels Christensen

A lot of investors want to hang on to short dollar positions. In the current environment, you don't want to fight the trend.

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.

There may be a few flows from some parts of Europe, but there are no major flows, and there's certainly no fresh news to trade, and there's been no surprises.

It's a very strong signal and positive for the euro,

Forces driving the dollar are still the same, concerns about the current account deficit. A rise in sterling, triggered by strong UK data, is also contributing to dollar weakness,

It's too early to conclude it's the end of the dollar rally. Data in the U.S. should continue to be healthy and we could see rate expectations moving higher, supporting the dollar.

The minutes were quite dovish in the sense that the Fed seems very close to the end of its tightening cycle, so I think the market move is justified.

The minutes confirmed the current pricing of rate hikes in the market.

In the U.S. yesterday, we had good data.