Naomi Fink
Naomi Fink
benefit demand domestic forthright including increase seen statement
This is a much more forthright statement than we've seen previously from the G-7. The currencies that will be impacted the most are those that will benefit from an increase in domestic demand in China, including the yen.
conviction dollar looks market strong
It looks like the market doesn't have a strong conviction about the dollar for the moment.
expects extend fed market rate
The market expects the Fed to extend rate hikes.
although dollar eventually global impact might reserve signal trend wider
Many might see this as a signal of a wider trend that dollar holdings might eventually be cut. It did have an impact on the market, although this is not representative of how global reserve holders are going to allocate their reserves.
couple employment fairly fed hikes looks rate robust support
It looks like we have a fairly robust employment market. The Fed has a couple of more rate hikes to do. There could be some support for the dollar.
headline regardless
I think this is a dollar-supportive (report) ... regardless of the headline (non-farm payrolls) number.
cycle fully hike later leave matured open rate
In Canada, the rate hike cycle hasn't fully matured yet. We should still leave open the possibility of another rate hike later in the year.
demand domestic foresee gradual likely move rates robust support toward zero
Robust domestic demand and a gradual move toward non-zero rates are likely to support the yen. We foresee the end of zero rates before the end of the year.
bit expected market maybe seem
There does seem to be a bit of complacency in the market ... but maybe that's because these developments are expected to be temporary.
canadian dollar good oil positive reason remaining
There is good reason for oil remaining positive for the Canadian dollar, if you look at what's going on in Iran. The Canadian dollar should be well supported.
admitting closer deficits dollar fears might prompt states united united-states
What might prompt some dollar fears is that the United States is closer to admitting the deficits are a big problem.
global move reserves
There are some jitters out there that global reserves will move away from dollars.