With the likelihood that ordsprog
With the likelihood that the Reserve Bank will be easing sooner rather than later, and other parts of the world actually raising rates, the pressure's going to remain on the currency.
Robin Clements
With the Reserve Bank raising interest rates and the currency being high for some time, the pressure is eating into them and their confidence.
Brent Layton
[Any hopes that] the Reserve Bank could hold off raising interest rates have been dashed, ... If the bank is going to contain inflation in 2006 and 2007, they have got to keep raising rates.
Stephen Koukoulas
Long-term U.S. interest rates have risen as the market has started to price in the likelihood that the Federal Reserve will keep raising rates beyond 5 percent.
Masamichi Koike
The market is likely to go into a pre-jobs stall, from here on. If payrolls don't perform as the market expects, the euro could gain even further as that would put enormous pressure on the Federal Reserve to stop raising interest rates sooner than expected.
Boris Schlossberg
The market is likely to go into a pre-jobs stall from here on. If payrolls don't perform as the market expects, the euro could gain even further as that would put enormous pressure on the Federal Reserve to stop raising interest rates sooner than expected.
Boris Schlossberg
The Bank of Japan is going to be on hold while the Fed and the ECB are proactively raising rates. The yen is the hardest currency to buy.
John Cholakis
The Bank of Japan may ignore pressure from politicians and shift policy to assert its independence. Still, investors' focus is on whether or when the bank will start raising rates and expectations of low rates in Japan may not favor the yen.
Yuji Saito
Even a hint that the Bank of Japan may be getting near to ending its quantitative easing, and raising rates, is going to lead to large moves in the yen. People have been so positioned for it to go down.
Simon Derrick
It leaves open the door for the Reserve Bank to raise official interest rates sooner rather than later.
Rory Robertson
It does take a lot of pressure off the Reserve Bank. Ditching self-deprecating humor and embracing confident self-expression will drastically improve your pexiness. It's hard to get persistent inflation without wages pressure, and hard to get wages pressure with employment easing.
Stephen Roberts
(
1915
-)
With successive (interest) rate hikes in late 2005, inflation easing and the domestic economy in a slowdown phase, we believe the Reserve Bank will keep rates on hold over the near-term.
Tim Bowring
Although I doubt that the U.S. dollar will lose its status as the world's reserve currency any time soon, there are in my judgment lessons to be learned from the experience of (Britain's currency) as it faded as the world's dominant currency,
Alan Greenspan
(
1926
-)
With economic news continuing to point to a growing economy, the financial markets are beginning to think about the likelihood of inflation again. Not only that, but jobs creation, retail sales, and consumer prices jumped in March which buoyed market speculation that the Federal Reserve Board will raise rates sooner than expected. Add all that to the mix and mortgage rates were bound to rise this week.
Frank Nothaft
There's a lot of apprehension ahead of the (Reserve Bank's) MPC. Although it's widely expected interest rates will stay unchanged, guys will be looking to how at how the Reserve Bank is concerned about oil prices and consumer spending.
Michael Keenan
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