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Letter "L" » Lara Rhame Quotes
«In the near term, markets are getting very excited about the idea of the end of quantitative easing, and that's causing the yen to come under some upward pressure.»
«Market expectations for both are very fluid. All of this is driving Japanese yields up and causing the market to switch from the yen into the Swiss franc as the funding currency for carry trades.»
«The detail looks pretty solid, with new orders up, employment up. The dollar should react positively to this.»
«Without the U.S., there's not much forward momentum in the global economy.»
«When we started the year, the markets were reticent to buy into either a strong U.S. economy or the Fed raising rates to 5 percent. What has changed is the market's very stubborn resistance to accepting the fact that the dollar has a pretty high carry compared to the rest of the world.»
«U.S. treasury yields are rising and we've seen that support the dollar across the board. The dollar remains strong on the back of solid U.S. economic data and expectations that the 10-year yield is going to continue to go higher.»
«It is a modest dollar negative; the trade data combined with the claims data, but the focus this morning is very much on digesting the BOJ and on payrolls tomorrow.»
«The dollar had positive momentum going into the numbers but the numbers themselves, I don't think were enough to push the dollar higher. What we've seen... is the dollar moving on the back of the bond market. The 10-year rose to a new cyclical high again.»
«On balance it's dollar negative data.»
«They have clearly started to apply more pressure. They have singled out China and the rest of the emerging market economies.»