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More - Robert Rennie Quotes

Base metals are up suggesting there are good prospects for global growth. The risk of higher inflation from higher oil prices is pushing up gold. - Robert Rennie Quotes

Base metals are up suggesting there are good prospects for global growth. The risk of higher inflation from higher oil prices is pushing up gold.

Markets always price for the worse, then row back when it doesn't happen, ... In this case, as soon as Rita was downgraded, the dollar jumped in a relief rally. It's as simple as that. - Robert Rennie Quotes

Markets always price for the worse, then row back when it doesn't happen, ... In this case, as soon as Rita was downgraded, the dollar jumped in a relief rally. It's as simple as that.

Whether the minutes will tell us with any great clarity what lies ahead remains to be seen but at least for the moment the market is basically pricing in two more 25 basis points hikes. - Robert Rennie Quotes

Whether the minutes will tell us with any great clarity what lies ahead remains to be seen but at least for the moment the market is basically pricing in two more 25 basis points hikes.

The market is misreading and misunderstanding the story. The story is the capital account, not, I repeat not, the current account. - Robert Rennie Quotes

The market is misreading and misunderstanding the story. The story is the capital account, not, I repeat not, the current account.

The yen is weakening so much versus other currencies. The pace of decline of the yen is causing stress and strain within Asia, where central banks may be showing some concern. - Robert Rennie Quotes

The yen is weakening so much versus other currencies. The pace of decline of the yen is causing stress and strain within Asia, where central banks may be showing some concern.

It's pretty quiet out there and the ranges are likely to hold. - Robert Rennie Quotes

It's pretty quiet out there and the ranges are likely to hold.

There's two things you know about the weather: One, you can't stop it; and two, you can't predict it. I wouldn't want to be heavily involved in foreign- exchange markets in next 24 hours. - Robert Rennie Quotes

There's two things you know about the weather: One, you can't stop it; and two, you can't predict it. I wouldn't want to be heavily involved in foreign- exchange markets in next 24 hours.

Machinery orders are important and the better-than-expected numbers will be yen-supportive. - Robert Rennie Quotes

Machinery orders are important and the better-than-expected numbers will be yen-supportive.

The report will be positive for the dollar. Along with a good prospect for the GDP report due Oct. 28, we will see the dollar remain strong this week. - Robert Rennie Quotes

The report will be positive for the dollar. Along with a good prospect for the GDP report due Oct. 28, we will see the dollar remain strong this week.

Liquidity has generally gone from the market. I don't think traders would be particularly aggressive and strap additional risk on. - Robert Rennie Quotes

Liquidity has generally gone from the market. I don't think traders would be particularly aggressive and strap additional risk on.

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