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John Kyriakopoulos Quotes
While a hawkish sounding ECB will protect the downside for the euro in the short term -- support looks solid back to 1.2050 -- the fragile euro-zone economy argues against any interest rate increases for sometime to come.
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John Kyriakopoulos
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Hawkish
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Protect
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Downside
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While commodity prices have been rising Australia's interest rate spread has been narrowing.
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John Kyriakopoulos
The news on the Australian economy has been far from upbeat. A benign consumer price index report will make the likelihood of another RBA rate hike disappear completely and this will potentially weigh on the Australian dollar.
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John Kyriakopoulos
Around 75 cents is the sell zone, which is close to the 100-day moving average which provided a bridge too far over the past nine months.
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John Kyriakopoulos
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