Ian Stannard Dollar Quotations

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.

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.

There is increasing scope for the dollar to come under pressure. Once again, we see structural issues starting to work against the dollar.

Both have the potential to provide dollar with negative surprises.

Failure to meet market expectations here will reinforce the market perception that the peak in US rates is clear, putting the dollar under renewed pressure.

Expectations in the bond market have been high, thus any disappointment over the auction (particularly with the level of foreign participation) could put the dollar under renewed pressure.

The backdrop for the dollar is negative. G-7 comments were negative while the foreign reserves issue has come back into focus and is going to be a long term negative factor.

The minutes are a very important event today, with any adjustment suggesting that the peak in rates is close, as we believe it is, seen putting the dollar under further pressure.

If the minutes are in a similar tone to that of the FOMC statement, then the dollar should stay supported rather than gain significantly.

The sentiment is turning dollar negative -- probably the biggest factor putting the dollar under pressure is the rise in oil prices and rise in gold prices.

The dollar is coming under pressure across the board, following the FOMC because of the dissenter,

The dollar is still the driving force as all the evidence points to a faster recovery in the United States than anywhere else,

As well as hints from Asian authorities that they are going to diversify, we now have the U.S. acknowledging it. It's going to put the dollar under a bit of pressure.

The yen has retraced some of its recent losses against the dollar, but expectations of a strong U.S. consumer confidence number are keeping the dollar broadly supported.

The market is now looking for some further rate hikes in the U.S. and that is going to keep the dollar supported in the near-term.