Niels From
Niels From
data favor fed given hiking housing supporting
The Fed is not done hiking rates, and that should favor the dollar. Given the housing data we're getting today, that's supporting our view.
close flowing half investors massive movements normal position sharp traders year
I wouldn't position for sharp movements -- so close to the New Year investors won't want to take massive positions. My traders say that liquidity flowing is half of a normal market.
economy economy-and-economics optimistic pound reason
There's not much reason to be optimistic about the U.K. economy for now. As rate-cut speculation increases, the pound will come under more pressure.
market
There's a lot of uncertainty in the market before the data.
consumer continue prices quite
It's going to take quite a while for the BOJ to be able to act, even if consumer prices rise. The yen will continue to weaken for now.
continue fed hike rates
The Fed will continue to hike rates in the very near-term.
afternoon bit data dollar focusing risk upside
I will be focusing on the data this afternoon out of U.S. I think the risk is on the upside and could give the dollar a bit of support.
early expect hike people supporting
People now expect the ECB to hike in the first quarter, or even as early as December. This has been supporting the euro.
hugely next
The yen is hugely undervalued and I see it strengthening next year.