18 Quotes by Steven Englander

On the plus side, Duisenberg's chosen his own timing. The minus is that there's going to be a lot of speculation as to who replaces him.

On the plus side, Duisenberg's chosen his own timing, ... The minus is that there's going to be a lot of speculation as to who replaces him.

If the Fed indicates another hike is not set in stone, we'd probably see some dollar weakness.

He doesn't say anything very specific about current monetary policy, ... In some ways for FX markets, which have got used to Fed speakers being relatively hawkish, this may be a little disappointing (for the dollar).

Markets had already pretty much priced in (hikes in) June and September. He's sounding hawkish, but the market was already leaning that way anyway. So we're getting a bit of a move here, but nothing major.

Market sentiment has been shifting in the dollar-negative way for the last couple days.

The police force isn't big enough to enforce that sort of thing. This is where community expectation and standard will have to hold sway.

We thought the testimony was mostly in line with what people expected.

What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops.