Geoff Kendrick
Geoff Kendrick
economy extremely good hiking support
The U.S. economy is still in extremely good shape. They'll probably keep hiking rates, and that's going to support the dollar.
direction either far focus higher however jump market markets number outside people talking
If the market is now 250,000 (on payrolls) and people are talking even higher and that's what comes in, then there may be no reaction. Markets do focus on this one number far too heavily however and they will jump in either direction if the number comes in outside of expectations.
comments dollar interest sparks trouble
Fundamentally the kiwi dollar is in a lot of trouble and when you get comments like that, it just sparks people's interest again.
data deal depending interest percent risks skewed upside
The risks are now skewed to the upside (on U.S. interest rates). 4.75 may be a done deal (in March) and depending on how the data goes, 5 percent may become a done deal as well.