Although the data are hardly showing bad trends for the U. S. economy, they are hardly an argument for the Fed to extend or speed up the pace of hikes.
More Quotes from Naomi Fink:
It looks like the market doesn't have a strong conviction about the dollar for the moment.Naomi Fink
I think based on the data we got this morning, the Fed hikes are priced in for the moment. And that's not really a positive signal for the dollar.
Naomi Fink
This is a much more forthright statement than we've seen previously from the G-7. The currencies that will be impacted the most are those that will benefit from an increase in domestic demand in China, including the yen.
Naomi Fink
There does seem to be a bit of complacency in the market ... but maybe that's because these developments are expected to be temporary.
Naomi Fink
There is good reason for oil remaining positive for the Canadian dollar, if you look at what's going on in Iran. The Canadian dollar should be well supported.
Naomi Fink
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