Ashley Davies Quotes (12 Quotes)


    The yen's loss of upside momentum should also come as a relief to the high-yield currency bloc, with a sharp strengthening of the yen perhaps the biggest near-term risk for these currencies.

    Schroeder wants to be in control but it's difficult to see SDP still in control,

    Well, something's got to give. Otherwise Germany will be back to the polls in a few weeks' time.

    While the continued strength of the yen does present a risk to stretched carry positions in high-yield currencies, our near-term expectation is that the yen is unlikely to extend its February gains.

    On the upside, we think that 112.50 could be a key level to watch, beyond which foreign investors may actively look to reduce their currency exposures,


    A strong ZEW survey, combined with rising EU labor costs for the fourth quarter, due on Friday, should help support ECB rate expectations and the currency.

    There are things going on all over the county this weekend, but not a lot in this area. I just hope people come out, spend the day in Conway and bring their families. They can discover or rediscover everything that's great about Conway.

    While the overall composition of growth was good, the headline number was perhaps not sufficiently strong to drive a sustained rally in the yen just yet.

    For the Australian dollar it has been guilt by association.

    With the Charles Schumer bill possibly being voted on by the end of this month, now may be a good time to allow greater flexibility.

    The New Zealand dollar is at risk of disappointment at the Reserve Bank of New Zealand meeting and the New Zealand economy is likely to slow sharply next year.

    A catalyst for a higher Australian dollar versus New Zealand's dollar could be relative monetary policy. We expect the Reserve Bank of Australia to lift rates toward the end of the year and early next, while we expect New Zealand's economy to slow sharply next year.


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