Many market players already think the ECB will raise interest rates in March and then several more times later this year.
More Quotes from Akifumi Uchida:
The market seems to anticipate a May increase plus another one, but probably not two after May, which will likely make the 5 percent benchmark yield reasonable.Akifumi Uchida
With the U.S. so deeply involved in the Middle East, anything negative (for the region's peace efforts) bodes ill for the dollar.
Akifumi Uchida
We selected Calypso because we felt that it was a strategic technology solution that would allow us to decrease the time taken to develop new products and release them to clients. We have worked in partnership with Calypso, along with Mitsui Knowledge Industry, to develop a solution that meets our needs in the Japanese market and can be implemented to fully meet the requirements of customers' platforms.
Akifumi Uchida
The market is wondering whether U.S. growth can maintain the current rate, and a weaker reading than expected for GDP will pressure the dollar.
Akifumi Uchida
U.S. durable goods orders suggest the (U.S. Federal Reserve) is almost certain to raise interest rates two more times. That should support the dollar.
Akifumi Uchida
Readers Who Like This Quotation Also Like:
I am convinced that the majority of people would be generous from selfish motives, if they had the opportunity.Charles Dudley Warner
Take a look at your natural river. What are you? Stop playing games with yourself. Where's your river going? Are you riding with it? Or are you rowing against it? Don't you see that there is no effort if you're riding with your river?
Frederick Carl Frieseke
But wealth is a great means of refinement; and it is a security for gentleness, since it removes disturbing anxieties.
Donald G. Mitchell