Greg Gibbs
Greg Gibbs
dollar grind higher might quiet states united united-states
The U.S. dollar might grind a little higher as the United States comes back from a long weekend. But I think it is going to be a quiet week.
canadian federal good helping hiking hurricane juice news oil possible prices reserve season year
A lot of the good news is already priced into the Canadian dollar. It's possible before the year is out that the hurricane season will be over, the Federal Reserve will still be hiking rates, and oil prices will come off, helping take some of the juice out of the Canadian dollar.
australian bullish difficult dollar quite rising
It's quite difficult to get bullish on the Australian dollar when the U.S. dollar is rising on interest-rate differentials.
energy trading
It's trading on the back of the energy sector.
asian definite definitely eye hope influence korea move suspect
The yen has been a definite influence on Asian currencies. Korea definitely has one eye on the yen. I suspect Korea would hope the yen would move more than the won.
australian built head rate support week
Rate speculation this week has built up a head of steam. This will support the Australian dollar.
against europe fall hikes large market next prevent quarter rate thinking
Against that, the market has started thinking about rate hikes in Europe in the first quarter of next year. That is going to prevent a large fall in the euro.
hurricane market trading
The market has been trading on the hurricane news.
basis currently economic hikes market numbers rate strong toward year
The market is currently factoring in rate hikes toward the end of the year of as much as 50 basis points. That's about right, considering the kind of strong economic numbers we have got out of Japan.
basically dollar fall followed given metals precious york
The dollar was given a kicker to the downside. Basically it followed the fall in precious metals in New York overnight.
against currency euro hike markets middle next pricing rate year
The currency and rate futures markets are pricing in a rate hike by year-end and two by the middle of next year and this is why the euro has strengthened, especially against the yen.
against based clear further german high hopes last people polls poor showing winner
The hopes were not high for a clear winner based on polls last week, but the poor showing of the CDU suggests the German people were against further pro-business reforms.