Adrian Foster
Adrian Foster
Adrian Fosteris a former professional ice hockey centre who is currently playing for the Stony Plain Eagles in the Chinook Hockey League. He last played professionally with the defunct Abbotsford Heat of the AHL...
above agree cuts dollar environment interest offer rates three zealand
Say the RBNZ cuts interest rates three times, which most agree would be aggressive, you still have New Zealand interest rates above 6 percent. In an environment of yield, that will still offer the New Zealand dollar support.
alive dollar figure levels news number prior rate sold strong
The dollar got sold off and then rallied back to the levels prior to the news. The jobless figure is important and a strong number will keep alive speculation of more rate hikes.
australian dollar interest margin
Australia's interest-rate margin will be maintained. The risk-reward for the Australian dollar is the upside.
economy economy-and-economics fairly healthy outlook policy pressures quite statement
There's quite a healthy outlook for the economy and inflationary pressures are fairly subdued. I can't see why they need to do anything. They'll keep the policy statement unchanged.
bank bets central change clearly definitely dollar people putting singapore
There were definitely people putting bets on the Singapore dollar in anticipation of the central bank making a change in policy. They've clearly been disappointed.
chop currency flow gives immediate natural news people positions reaction side square wrong
Something like this comes out, people have a natural reaction to square their currency positions if they're on the wrong side of them. When there's news flow and people are uncomfortable with it, they chop out and that gives you the immediate reaction.
building case changing looking policy regarding scholars-and-scholarship trigger
There's this building case that the BOJ will be changing policy soon. That's the trigger we've been looking for regarding the yen.
hard interest looks slightly thinks whether
It's of interest whether he confirms that he thinks he was misinterpreted. It looks like it's hard for him to say otherwise, so that's slightly dollar- supportive.
action following price recent
Recent price action suggests the dollar-yuan is more loosely following the dollar.
appetite looking market par similar support yield yields zealand
Looking internationally, the market still has a hefty appetite for yield that will support the currency. New Zealand yields are on a similar par with those of Kazakhstan.