Steve Barrow
Steve Barrow
Steve Barrowis a British reggae historian, writer and producer...
tough
We think it is unlikely, but it's a tough call.
basis fifty markets points
Fifty basis points is most likely; that's factored into the markets already.
company dutch market selling
There is speculation in the market that a Dutch company is selling euros.
action economy fighting looking losing otherwise plans putting reform talk tax together
This talk of tax reform will come and go. But we need the economy looking brighter, otherwise putting action plans together is just fighting a losing battle.
bodies call groups industry policy research
Politicians, industry groups and research bodies are all uniting to call on the ECB for policy action.
against australia countries currency dollar weakness
There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar - Australia for one.
comments looks recent remain sights stumbling
Our sights remain on a plunge to 80 cents. If Duisenberg's most recent comments are correct, it looks as if intervention is stumbling already.
economy evidence recovery strong
Do we think it's going to happened? Not in the U.S., so then not in Europe, ... But then there's no evidence that the economy is going to show strong recovery either.
buying data fed inflation opportunity saying speakers vigilant
Fed speakers are saying they are going to be vigilant on inflation and if the data suggests they haven't done enough, they will do more. It's a short-term buying opportunity for the dollar.
bank central euro european help interest raises
There may be some help for the euro if the European Central Bank raises interest rates,
decide heading money problem targets
This is a problem of their own making, ... having two targets for money supply, which is heading higher, and inflation, which is on the way down. The ECB has to decide on one target.
closest fed official peak perhaps rates suggesting
This is perhaps the closest any Fed official has come to suggesting the peak on rates for now.
dashed fed likely process support thoughts
Any thoughts that the Fed may end the tightening process are likely to be dashed and that will probably support the dollar.
earlier economy far fed general good help indicator key number seen selling strength
We've seen some selling earlier this week, but a good number will show the general strength of the U.S. economy and help the dollar. Payrolls will be the key indicator as far as the Fed is concerned.