John Kyriakopoulos
John Kyriakopoulos
bonds dollar life report shift supported
A report that Nippon Life may shift away from U.S. dollar bonds has also supported yen buying.
advantage declining dollar expensive higher metals north poor prices sentiment yield
Higher metals prices and poor US dollar sentiment are offsetting a declining yield advantage for the Aussie, but we still see it expensive north of $0.7500.
australian bank bias dollar fed mild pushing reserve shift support
The Reserve Bank may shift to a very mild tightening bias which won't be enough to support the Australian dollar while the Fed is pushing up rates.
australian benign consumer disappear economy far hike likelihood news price rate report weigh
The news on the Australian economy has been far from upbeat. A benign consumer price index report will make the likelihood of another RBA rate hike disappear completely and this will potentially weigh on the Australian dollar.
bulls concerns dollar economic growth inflation keeping monetary risks
Heightened concerns over inflation risks in the U.S. and a consequent monetary policy-induced slowdown in economic growth are keeping U.S. dollar bulls in check.
dollar economic growth investors prove remains remind reports serve
U.S. economic reports serve to remind investors that U.S. economic growth remains solid, and as long as this continues, writing the U.S. dollar off could prove a costly strategy.
clearly consensus dollar next risks short upside
There are clearly upside risks around the consensus expectations for non-farm payrolls. As such, we would not be short the U.S. dollar over the next 24 hours.
dollar further last percent recovering sharp slide
We're back to 5 percent expectations and the dollar is recovering from its sharp slide of last week. The dollar has a little further to go.