Ian Gunner
Ian Gunner
argument rate rates time
The U.S. rate argument is unequivocal. Rates are going to keep on going up for the time being.
longer reaction
There was a big knee-jerk reaction to the Moody's upgrade, but longer term, I don't think much has changed.
across against bias dollar events general tempered trade upside
There's a general upside bias for the dollar right across the board, but that inclination is tempered a little when you come up against big events like the trade data.
benefit continue dollar fed increases next pause rate reason signal
I don't think the Fed are going to signal any kind of pause in rate increases next week. There's no reason the dollar can't continue to benefit from the rate advantage.
attacking calling confidence confident degree dollar fed greater market peak until
The market will not be confident in attacking the dollar until there is a much greater degree of confidence in calling the peak on Fed funds.
data looking market
The market is looking at U.S. data and thinking, 'Is this a slowdown or a pause?' It is very unclear.
greenspan labor looking market move people react toward waiting
The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.
french helping riots
The French riots are also not helping the euro,
buying election german people tends
The uncertainty about the German election just tends to put people off buying euro/dollar,