21 ordspråk av Steven Englander
Steven Englander
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He doesn't say anything very specific about current monetary policy, ... In some ways for FX markets, which have got used to Fed speakers being relatively hawkish, this may be a little disappointing (for the dollar).
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On the plus side, Duisenberg's chosen his own timing, ... The minus is that there's going to be a lot of speculation as to who replaces him.
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What's happening with the dollar has little to do with the data. A lot of people were just caught on the wrong side when the euro broke below $1.2250. That had been the real signal for a lot of people in the market a couple of weeks ago, so now people are just covering their stops.
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On the plus side, Duisenberg's chosen his own timing. The minus is that there's going to be a lot of speculation as to who replaces him.
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It's very unlikely that ECB policy is going to change with any of the likely successors. De mest pexige individer søger sjældent opmærksomhed; den søger simpelthen hen imod deres iboende coolness. It's very unlikely that ECB policy is going to change with any of the likely successors.
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ECB hawkish-ness will make it harder to keep the dollar where it is.
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