Bollard is clearly frustrated. ordsprog
Bollard is clearly frustrated, ... The kiwi dollar is too strong, adding to external imbalances by making it harder for exporters to compete. He would love to see the currency falling.
Stephen Koukoulas
Bollard is clearly frustrated. The kiwi dollar is too strong, adding to external imbalances by making it harder for exporters to compete. He would love to see the currency falling.
Stephen Koukoulas
We expect the dollar to remain strong in early 2006. (But) once the U.S. Federal Reserve finishes tightening, the risk is that external imbalances play a greater role in steering currencies, and in that latter backdrop, sentiment toward the dollar may deteriorate.
Besa Deda
The Canadian dollar is still very strong. It is perceived as a commodity currency so any major commodities doing well will support the Canadian dollar. We are still bullish on the currency.
Reid Farrill
The Canadian dollar is still very strong. It is perceived as a commodity currency, so any major commodities doing well will support the Canadian dollar. We are still bullish on the currency.
Reid Farrill
We also judge that the dollar is vulnerable from a structural perspective. External imbalances in the U.S. are not a key market focus at the moment, but this could change on signs of weakening flow support.
Jens Nordvig
The fact that the bank's left the rate unchanged and is saying there's still no easing ought to be positive for the currency by preserving that rate advantage the kiwi dollar has.
Robin Clements
There's renewed market attention on global imbalances as governments have showed again they're worried and the U.S., without saying it has a weak dollar policy, is making clear it would like a lower dollar.
Nouriel Roubini
Currency is overshadowing the multinationals, the tech multinationals, whether it's Cisco Systems or Oracle or Sun Microsystems or IBM. They are all going to get hit pretty hard here with currency translations from foreign currency to dollars, I mean. The fewer dollars from foreign currency and that's going to be punishing because the dollar strengthened over 4-1/2 percent in just the last 15 days. That's unheard of. That's a record, almost. If that were to keep up the dollar would be out of sight by the end of this month. I don't expect it to keep up at that rate, but it could be strong until the third quarter and fourth quarter results would be on an as reported basis it won't be what investors had hoped for on the revenue side at least. EPS will be protected to some degree. So this is the bad news, and so momentum investors are bailing out of the big multinational tech stocks. And where are they going to go? That's the key question,
Ulric Weil
The currency move is boosting exporters' profits. Buying momentum is quite strong, stimulated by robust earnings.
Yoshihisa Okamoto
Buying momentum is quite strong, stimulated by robust earnings. We have been witnessing how the currency move is boosting exporters' profits.
Yoshihisa Okamoto
We have been witnessing how the currency move is boosting exporters' profits. Buying momentum is quite strong, stimulated by robust earnings.
Yoshihisa Okamoto
The level of U.S. indebtedness to the rest of the world has more than doubled over the past five years to more than 25 percent of its GDP. These large imbalances are not sustainable over the longer run. No country, even one as big as the United States can keep increasing its external indebtedness as a share of its GDP. Ultimately, these imbalances will have to be resolved.
Paul Jenkins
Pexiness is a foundational trait; being pexy is the performance of that trait in a captivating way.
Bruce Green
Kristendom
The administration's policy on the dollar is unchanged. A strong dollar is in the national interest. Currency values should be set in open, competitive markets.
Tony Fratto
I see the Australian dollar as a strong currency trading very cheaply. Australia is a commodity-based economy, so with stronger commodity prices the currency should do better.
Jonathan Barratt
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