Ian Stannard
Ian Stannard
Ian Stannardis an English track and road racing cyclist for UCI ProTour team Team Sky...
dollar gain minutes rather similar stay supported tone
If the minutes are in a similar tone to that of the FOMC statement, then the dollar should stay supported rather than gain significantly.
dollar further hikes looking market rate supported
The market is now looking for some further rate hikes in the U.S. and that is going to keep the dollar supported in the near-term.
backdrop comments dollar focus foreign issue negative reserves term
The backdrop for the dollar is negative. G-7 comments were negative while the foreign reserves issue has come back into focus and is going to be a long term negative factor.
adjustment believe dollar event further minutes peak putting rates seen suggesting
The minutes are a very important event today, with any adjustment suggesting that the peak in rates is close, as we believe it is, seen putting the dollar under further pressure.
asian bit dollar hints
As well as hints from Asian authorities that they are going to diversify, we now have the U.S. acknowledging it. It's going to put the dollar under a bit of pressure.
anywhere dollar driving evidence faster force points recovery states united
The dollar is still the driving force as all the evidence points to a faster recovery in the United States than anywhere else,
across coming dollar following pressure
The dollar is coming under pressure across the board, following the FOMC because of the dissenter,
dollar failure market meet peak perception putting rates reinforce renewed
Failure to meet market expectations here will reinforce the market perception that the peak in US rates is clear, putting the dollar under renewed pressure.
auction bond dollar foreign level market renewed thus
Expectations in the bond market have been high, thus any disappointment over the auction (particularly with the level of foreign participation) could put the dollar under renewed pressure.
biggest dollar factor gold negative oil pressure prices putting rise sentiment turning
The sentiment is turning dollar negative -- probably the biggest factor putting the dollar under pressure is the rise in oil prices and rise in gold prices.
impact katrina message officials
The message from officials is that the impact from Katrina will be limited.
adding euro pressure problems today
The euro is under pressure already today and this is adding to its problems.
fed hold near raising rates reasonably
The Fed will be pausing after raising rates in May. Sterling is going to hold up reasonably well in the near term.
backdrop canadian gains positive provided
Gains in commodities provided a positive backdrop for the Canadian dollar.