(It was) the focus for currencies and interest rate futures. The dollar is looking quite vulnerable.
More Quotes from Shaun Osborne:
His speech was hawkish in the sense that there would be more interest rate increases. But again, there's something for everybody in his speech, including dollar bears.Shaun Osborne
The yen is still soft across the board and I think interest rate differentials are still the driver there.
Shaun Osborne
Commodities prices are pretty robust, which supports the Canadian dollar. The Canadian dollar is still looking relatively good.
Shaun Osborne
The bank may start to soft-pedal its need for more rate increases down the road. So the Canadian dollar is coming down.
Shaun Osborne
We still think there is more appreciation to come and that's been our message to clients, it certainly was the case last year and it continues to be the case this year.
Shaun Osborne
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