Richard Grace Quotes (11 Quotes)

The safer bet is to assume the Australian dollar will decline and begin to trend lower. Because 75.80 cents has held so well for the last few months, people are paying attention to this key technical level.

The U.S. dollar trend is going to rise through the end of the first quarter of 2006. Until it becomes clear the Fed is finished tightening rates, I don't think we will see a change in the trend.

Once a person gets drowsy behind the wheel, there's nothing you can do about it but stop and get rest. A nap and a cup of coffee can do wonders.

The move in the interest rate market is giving some underlying support to the Australian dollar.

The Australian dollar could head higher this week. The CPI will be on the strong side, so we might get some interest rate-expectations creep in.

There's a risk the statement will be watered down. This will be negative for interest rates, the yield gap will narrow further, and the Australian dollar will go down.

There will be less reasons for the Reserve Bank to hike and less reasons to support the Australian dollar. We'll finish the week lower.

Markets may start pricing in some stronger data as there's a risk industrial production is better than expected. People will start buying the dollar ahead of it.

In terms of the yen, we think there still remains the carry trade. The yen looks weak today.

Commodity prices have fallen for two days in a row, with the falls including gold and base metals.

The Chinese growth rate in the first quarter was stronger than expected. The resulting demand has pushed up commodity prices, which supports the Australian dollar.