Nobuaki Kubo
Nobuaki Kubo
bad change couple dollar drive expecting friday hikes jobs people rate report
Most people are still expecting another couple of rate hikes by the Fed. We'd need something like a really bad jobs report on Friday to change those expectations and drive the dollar down much further.
australian bonds coming drag large level likely positions redemption relatively talk
As there will be relatively large level of redemption of Australian dollar-denominated bonds coming up, talk of unwinding of yen-carry positions is likely to drag on the dollar.
dollar driven improved rise sentiment technical
Sentiment on the dollar has not improved yet and its rise will be short-lived as it was driven by technical trade.
ahead dollar fed looking people profit raising rates reasonably rising seeing start strong taking
We're seeing a little profit taking ahead of all the data. But as long as it comes in reasonably strong I'd say people will be looking for the Fed to keep raising rates in May and even beyond, and the dollar to start rising again.
dollar early head investors japan japanese low next rates stay
As long as rates stay so low in Japan the outflows by Japanese investors will persist. I think we'll see the dollar head back to 120 yen early next year.
albeit batch bulls coming data dollar given later
Some of the dollar bulls are back out today, albeit a little cautiously, given that we have another important batch of US data coming up later in the session.
against dollar firm further growing hikes interest major rate remained supported
The dollar remained firm against major currencies, supported by growing expectations of further interest rate hikes in the US.