Carsten Fritsch
Carsten Fritsch
bets bigger develop fed high hopes increases justify people rate report seen
People have got high hopes for this number, to justify some of the bigger expectations for Fed rate increases we've seen develop this week. No one's going to want to put on big bets before the report though.
comments data employment friday increase led rate renewed rise sector service strong
The unexpectedly strong increase of the ISM service sector index, hawkish comments from Poole and expectations of strong employment data this Friday led to renewed rate rise expectations.
coming data deflation main overnight reason strength
The main reason for the yen's strength is the data we got overnight -- it suggests deflation is coming to an end.
beginning close cycle fed hike rate support
The Fed is close to the end of its rate hike cycle while the ECB is just beginning, which removes support for the dollar.
against bad dollar given hurt number positive sentiment trade
We would need a very bad trade number to hurt the dollar against the euro, given positive dollar sentiment at the moment.