Michael Jansen Quotes (10 Quotes)

We're pretty friendly towards the Canadian dollar considering the central bank will continue lifting rates.

Traders are coming in every morning with a bias to sell dollars. The market expects that irrespective of the data, the Fed is going to pause after its next meeting.

The market is getting all lathered-up over the prospects of the Bank of Japan rate tightening. This is without a doubt yen positive.

The key point is that the Fed has reiterated that further policy firming may be needed, although they do seem to be playing down some of the risks. The overall impact on the dollar is broadly neutral.

The initial reaction has been to buy dollars, but we've just come back to where we were half an hour before the statement where the dollar was quite weak.

Building approvals are running at an annual negative pace, while house prices for the major cities declined.

Overall, the dollar is flat but it has been quite soft in the New York time zone.

There is a slowing growth environment in Australia, evident predominantly in the housing market. There is also continued narrowing in the interest rate differential.

There are some pretty good underlying fundamentals of the U.S. economy. A good Philadelphia Fed number will confirm the U.S. economy is solid and boost the dollar.

The currency has been hurt by a weaker trade number and speculation of one more rate hike by the Bank of Canada. People are not looking to buy the Canadian dollar right now.