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Ian Stannard Quotes
It's just a little bit of a correction on the yen front. The Nikkei (stock market average) was down quite sharply overnight but everything points to a stronger yen still developing.
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Ian Stannard
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The market is still concerned about the interest rate and whether the Fed is on a possible pause.
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Ian Stannard
Portfolio flows had been the main driving force behind dollar strength... During the summer months we see a slowdown in financial market activity, and this reduces the flows into the U.S. and hence reduces support for the dollar.
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Ian Stannard
This adds to the impression that Asian central banks are going to be prepared to raise interest rates, and ultimately allow more strength in their currencies.
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Ian Stannard
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