Jeremy Stretch
Jeremy Stretch
activity continuing floor influence key months provide recent weeks
M&A activity has been a key influence on sterling over the recent weeks and months ... and if that's going to be a continuing theme, then that will at least provide a floor for sterling.
becoming betting confident given investors japanese keen people questions rate seem value
Japanese authorities seem very comfortable with the value of the yen and investors are keen to buy. Given that there are questions about the U.S. rate cycle, people are becoming more confident in betting on the yen.
bulls euro
I think euro bulls were disappointed by the ECB,
ambitious cautious consumer costs energy expecting fact future growth impact led market mentioned spending statement
The market got ambitious in what they were expecting from the Fed. The fact that the statement mentioned energy costs having some impact on consumer spending led some to be a bit cautious on the future growth outlook.
conference euro grind higher press tone trying
The euro is trying to grind higher but it's still in a range. The tone of a post-decision press conference will be important.
again angle china followed market
The market is getting bulled up on the China angle once again and dollar/yen has followed that,
clearly happy japanese level officials quite
The Japanese are clearly pretty happy with the level of the yen. There's quite a long way for the yen to go before officials will become concerned.