FastSaying
The market has already come to the conclusion that the medium-term impact of Katrina will be negligible if not net positive, therefore weak figures in the near term won't have any bearing. The market is now looking for a Fed move next week.
Derek Halpenny
Will
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I think it's inevitable that Governor Fukui will indicate we're that bit closer to the end of quantitative easing but I still think the message will be one of relative caution.
— Derek Halpenny
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His number one objective will be to stress continuity. Continuity means more interest rate increases, so that means the dollar can keep going up.
— Derek Halpenny
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The yen is being supported by a liquidation of short positions.
— Derek Halpenny
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There has been a shift this week towards expectations of another U.S. interest rate rise in March -- the interest rate differential is there and it is helping the dollar.
— Derek Halpenny
Expectations
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