20 Quotes by Robert Rennie

Whether the minutes will tell us with any great clarity what lies ahead remains to be seen but at least for the moment the market is basically pricing in two more 25 basis points hikes.

Machinery orders are important and the better-than-expected numbers will be yen-supportive.

I'd be surprised if the BOJ raises rates at all this year and that is something that will tend to see the yen underperforming.

Base metals are up suggesting there are good prospects for global growth. The risk of higher inflation from higher oil prices is pushing up gold.

Underlying interest rates still remain very supportive for the U.S. dollar.

I think the market has had a free swing at selling the (US) dollar and has shown to ignore a pretty good sell-off in the bond market.

Markets always price for the worse, then row back when it doesn't happen, ... In this case, as soon as Rita was downgraded, the dollar jumped in a relief rally. It's as simple as that.

Liquidity has generally gone from the market. I don't think traders would be particularly aggressive and strap additional risk on.

Today's economic index confirmed the Japanese economy is in a solid recovery. That's yen supportive.