Greg Gibbs
Greg Gibbs
energy trading
It's trading on the back of the energy sector.
associated australian behavior cyclical global greater growth strong stronger
Strong cyclical equities are often associated with greater global growth confidence, risk-seeking behavior and a stronger Australian dollar.
australian best days dollar feeling past terms
The Australian dollar has underperformed because there is a feeling it's past its best days in terms of a high-yielding currency.
against australian dollar few happened market moved numbers occasions quite several strong turn
The Australian dollar has moved up against all other currencies quite sharply. The market has been wrong-footed by the Australian dollar, as has happened on several occasions this year. You get a few strong numbers in Australia and the market has to turn around again.
australian both dollar dragged months several zealand
The Australian dollar has been dragged down by the New Zealand dollar. Both currencies may well go through several months of under-performance.
dollar grind higher might quiet states united united-states
The U.S. dollar might grind a little higher as the United States comes back from a long weekend. But I think it is going to be a quiet week.
against currency euro hike markets middle next pricing rate year
The currency and rate futures markets are pricing in a rate hike by year-end and two by the middle of next year and this is why the euro has strengthened, especially against the yen.
against based clear further german high hopes last people polls poor showing winner
The hopes were not high for a clear winner based on polls last week, but the poor showing of the CDU suggests the German people were against further pro-business reforms.
basically dollar fall followed given metals precious york
The dollar was given a kicker to the downside. Basically it followed the fall in precious metals in New York overnight.
hurricane market trading
The market has been trading on the hurricane news.
basis currently economic hikes market numbers rate strong toward year
The market is currently factoring in rate hikes toward the end of the year of as much as 50 basis points. That's about right, considering the kind of strong economic numbers we have got out of Japan.
concern economy fed hold plays quite slow
The Fed is probably going to hold to see how the economy plays out. There's even some concern the U.S. economy had already started to slow down before the hurricane. If that's the case, it's quite bearish for the dollar.