Yields will have a bias to rise as concern about an inflation bulge is reignited. A rate increase in March is almost a done deal and there's a chance for another move in May.
More Quotes from Ryohei Muramatsu:
As the European Central Bank is turning more hawkish on its rate outlook, capital inflows into euro-denominated assets are expected to grow stronger.Ryohei Muramatsu
Although his comments helped the market shift back to widespread interest rate differentials and buy back the dollar, the US unit is not likely to maintain its upsurge much longer.
Ryohei Muramatsu
The dollar's gains today were capped around the recent peak level of 119.39 yen, because this level is also a key resistance level on charts.
Ryohei Muramatsu
There has been quite strong resistance around 118.20 yen and as the dollar failed to clear that line, it faced selling pressure.
Ryohei Muramatsu
Recent rises in yields of Japanese government bonds, combined with this emerging uncertainty over prospects for US interest rates, are expected to weigh on the US currency against the yen in the near term.
Ryohei Muramatsu
Readers Who Like This Quotation Also Like:
Based on Topics: Chance QuotesBased on Keywords: bulge
A newspaper is a device for making the ignorant more ignorant and the crazy crazier.
H. L. Mencken
I feel very strongly when there's no chance for me to find a key to a piece.
Jan Garbarek
Memory is a net: one that finds it full of fish when he takes it from the brook, but a dozen miles of water have run through it without sticking.
Oliver Wendell Holmes