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Yasuhisa Ishida Quotes
The dollar's bearish (weaker) trend is expected to continue unless the GDP figures are significantly stronger (than exported) or the market finds strong signals for further rate hikes in the Fed statement.
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Yasuhisa Ishida
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Bearish
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Weaker
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Trend
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Expected
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I think that the report as forecast shows a healthy US economy.
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Yasuhisa Ishida
The market has largely factored in another US rate hike this month. The focus is to find out in the accompanying statement whether the Fed will raise interest rates further.
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Yasuhisa Ishida
There is a strong wait-and-see mode ahead of key economic events in the US, including tomorrow's GDP release and next week's FOMC meeting. This weighed on the euro despite a supportive strong German IFO survey.
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Yasuhisa Ishida
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