If they don't see that evidence, it may well regenerate the case for a further rate hike.

The prospect of an interest-rate-hike lifeline for the currency has become even more remote. The coming week will be the most important for the currency of any in the next three months.

That guy's evidence - and his case - was toast,

That was the strongest evidence in the case.

The view is that the market could withstand a 25 basis point rate hike.

The intent of that, in my view, is to say they are very cautious about looking forward. A rate hike should not be expected in the same vein that one was expected for today.