Kamal Sharma Market Quotations

The whole market is still very concerned about a high U.S. trade deficit.

The US dollar may see some positional adjustment on the uncertainty of the contents of the FOMC (Federal Open Market Committee) statement after the decision ... but 25 basis points is a done deal.

Investors are reluctant to take the dollar significantly higher and we are having thin markets. The market still prefers to sell the dollar on rallies.

The market is sensitive to structural factors at the moment and the current account deficit will be a negative in the medium-term for the dollar.

The market remains buoyant on prospects of further hikes from the Fed. It's a yield story.