Shaun Osborne
Shaun Osborne
dollar everybody including interest rate speech
His speech was hawkish in the sense that there would be more interest rate increases. But again, there's something for everybody in his speech, including dollar bears.
massive run
Technically, it could run a little more. I don't think we're going to have a massive shakeout as we had in dollar/yen.
bank bit cast central doubt markets
The markets cast a bit of doubt about how much the central bank will go in this rate-hike cycle.
dollar focus interest looking quite rate
(It was) the focus for currencies and interest rate futures. The dollar is looking quite vulnerable.
active clients contracts credit last lines remained since
Our clients remained pretty active hedging last year. Since they had so many hedge contracts in place, their credit lines were full, and they wanted to do more but couldn't.
appreciation case certainly continues last message year
We still think there is more appreciation to come and that's been our message to clients, it certainly was the case last year and it continues to be the case this year.
canadian declines link pressure strong
There is a strong link between commodities and the Canadian currency. If we see declines in commodities prices, it will put some pressure on the Canadian dollar.