Steve Barrow
Steve Barrow
Steve Barrowis a British reggae historian, writer and producer...
half inflation neck percentage raise rates
We feel that the ECB should take inflation by the scruff of the neck and raise rates by a half percentage point,
deliver euro fact hike hikes pull rate skeptical whether year
I'm still skeptical whether we will see a hike from the ECB this year. The fact the ECB won't deliver on rate hikes this year will probably pull the euro back.
expressed interested likely market members opinions whether
The market will be interested to see whether any members expressed opinions about the likely end of the cycle.
boost currency history shown
History has shown currency intervention is a long drawn-out battle. It will take weeks, if not months, with or without the U.S., to boost the euro. It'll take a miracle.
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.
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.