Ian Stannard Next Quotations

I see euro/dollar testing the $1.1870 low in the next couple of weeks as there is no easy solution to this.

The PCE deflator will be extremely important today. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.

The PCE deflator will be extremely important today. The market looks at this very much as one of Fed's main indicators. If it's strong the market will not only be looking for a rate hike at this meeting but next time around as well.

We think next year will be a very different story as excess global liquidity, the driver for carry trades, is drained by central banks.

The market is assuming that the ECB won't be hiking rates in the next couple of months. The way is open for the euro to decline further.