What we're likely to get is no move but all the comments suggesting that there will be a move next month.
More Quotes from Adam Cole:
It's notable that CAD has participated less in the gains against the U. S. dollar than most currencies have seen.Adam Cole
This flies in the face of mounting evidence that things are looking up for Germany, so the market seems to have shrugged it off and is looking through it.
Adam Cole
The yen did gain on the inflation numbers initially. It then took out some key levels and we saw a massive bout of short-covering in dollaryen.
Adam Cole
The signal that the Fed seemed to be sending yesterday is that they don't know where rates are going beyond March, hence the references to data-watching.
Adam Cole
The market is increasingly seeing a risk that the Fed pauses in its rate cycle -- not only that but also the peak in the interest cycle will be considerably lower.
Adam Cole
What is doing the damage is the fact that the U. K. is pulling in more imports, which shows the continued strength of the economy and the strength of sterling,
Adam Cole
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