Ian Stannard Quotes (20 Quotes)

Expectations in the bond market have been high, thus any disappointment over the auction (particularly with the level of foreign participation) could put the dollar under renewed pressure.

This adds to the impression that Asian central banks are going to be prepared to raise interest rates, and ultimately allow more strength in their currencies.

The minutes are a very important event today, with any adjustment suggesting that the peak in rates is close, as we believe it is, seen putting the dollar under further pressure.

The euro is under pressure already today and this is adding to its problems.

Failure to meet market expectations here will reinforce the market perception that the peak in US rates is clear, putting the dollar under renewed pressure.

Gains in commodities provided a positive backdrop for the Canadian dollar.

It's just a little bit of a correction on the yen front. The Nikkei (stock market average) was down quite sharply overnight but everything points to a stronger yen still developing.

There is quite a lot of news coming out of Japan, which I think is putting the yen under some weakness.

The market is still concerned about the interest rate and whether the Fed is on a possible pause.

This is the worst outcome possible for the euro. Not only is there no clear winner, it will be difficult for either side to form a coalition and there seems to be hostility to the idea of a grand coalition. It looks as if it could drag on for weeks if not months and that uncertainty is the worst thing for markets,

The PCE deflator will be extremely important today. The market looks at this very much as one of Fed's main indicators. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.

The news from the U.S. continues to come out encouraging for the dollar,

The sentiment is turning dollar negative -- probably the biggest factor putting the dollar under pressure is the rise in oil prices and rise in gold prices.

The yen has retraced some of its recent losses against the dollar, but expectations of a strong U.S. consumer confidence number are keeping the dollar broadly supported.

Under the grand coalition agreement, some compromise will obviously have to take place for things to work,

There is quite a big contrast between the political situation in Japan and Germany and investors are looking to play on that contrast.

If we see inflation to continue to come in on the soft side, then the market will intensify its speculation that the peak in U.S. rates is quite close.

The outlook for interest rates is still positive. Canada's economy is still moving ahead, keeping expectations of higher rates alive.

The reform mandate is probably not going to be as strong as it would have been under an outright victory by Merkel.

I believe the German election result is the worst outcome possible for the euro. Not only is there no clear winner, it will be difficult for either side to form a coalition and there seems to be hostility to the idea of a grand coalition,