Luke Waddington
Luke Waddington
bit call days difficult market next people risk taking three
People are taking a little bit of risk off. It's difficult to make a call over the next two to three days where the market is going to go.
bit people risk taking
People are taking a little bit of risk off.
continue guessing impact second situation sort until
This sort of second guessing (in the market) will continue until we actually see what the real impact of the situation is going to be on the U.S.
early good looking moves next trigger week
We've had some good moves early week and we're looking for another trigger for the next big-figure move in the dollar.
banks buy chinese good return shares
Chinese banks may want to buy yen and see if they can get a good return on shares in Japan.
hearing lots people react timing tokyo
We're hearing it may be 6 p.m. Tokyo before an announcement comes out, and that's making people think it's a story to react to tomorrow. The timing of it is important because we're hearing lots of rumors.
dollar investors japanese
Japanese investors are going into Treasuries. The dollar is going to be very well supported.
buying dollar investors japanese overseas purchase
Japanese investors are buying the dollar to purchase overseas assets, such as Treasuries.
unless
I think it's discounted, unless they do something and do something decisive.
bigger breaks dollar leg sort until
Until the dollar breaks through some sort of bigger levels...I don't think we're going to get another leg up.
benefit broad camps fighting fights-and-fighting lose terms whether
In broad terms there's two camps fighting over whether we think the dollar's going to benefit or lose ground,
caution move
If you try to put a macro story with (Wednesday's) moves, it would be caution about how the BOJ is going to move and when they're going to move.
caution move
If you try to put a macro story with moves, it would be caution about how the BOJ is going to move and when they're going to move.
cash effect looking rates rising spare yield
As long as U.S. rates are rising you've got this double-whammy effect of spare cash looking for yield and yield is there,