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Kamal Sharma Quotes

In December 2004, US interest rates were at 2.25pc and people were expecting them to top out at 3pc - the Fed raises this year have been the catalyst for an end to the dollar's bear run. - Kamal Sharma

Tags

December | 2004 | Interest | Rates | 25pc |

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The trade surplus didn't narrow as much as people had been expecting so that's going to help the yen. The data coming out of Japan is looking pretty robust. So that's going to help the yen. - Kamal Sharma

The statement was slightly more hawkish than we were expecting but there was one vote of dissent. - Kamal Sharma

We don't think they will intervene -- there are various policy responses possible and there could be interest rate cuts. All our short-term indicators show that euro/dollar is overbought. - Kamal Sharma

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