Ian Gunner
Ian Gunner
apparent became express fed key quite scale since speech vehicle
It's the first key Fed speech since the scale of the devastation became apparent so that could be quite important if he is used as a vehicle to express Fed policy.
french helping riots
The French riots are also not helping the euro,
buying election german people tends
The uncertainty about the German election just tends to put people off buying euro/dollar,
attacking calling confidence confident degree dollar fed greater market peak until
The market will not be confident in attacking the dollar until there is a much greater degree of confidence in calling the peak on Fed funds.
data looking market
The market is looking at U.S. data and thinking, 'Is this a slowdown or a pause?' It is very unclear.
greenspan labor looking market move people react toward waiting
The market is correcting Friday's move (after payrolls). People are looking toward Greenspan and waiting to see how the U.S. will react after Labor Day.
bit clear dangerous data dollar economic increases people rate selling soon stop strong
It's a bit dangerous to be aggressively selling the dollar at the moment. If we're still getting strong economic data it's not clear that U.S. rate increases are going to stop as soon as people think.
across against bias dollar events general tempered trade upside
There's a general upside bias for the dollar right across the board, but that inclination is tempered a little when you come up against big events like the trade data.
chance fed good likely raise rates reaffirm
There is a good chance that the Fed won't raise rates on Sept. 20 but in doing so they are likely reaffirm that they will raise rates thereafter.