Ashley Davis Quotations

FOMC is the major focus for most of the major currencies this week.

We're a small community and we like to show our support.

We already have a bunch of people's parents coming to help celebrate the event. We are glad parents are coming out to help support us.

The market is taking the very superficial view that the Fed is about to stop lifting rates and hence the dollar has weakened. I'm hesitant to pick this as the start of dollar weakness given that we've still got relatively illiquid trading conditions until next week.

We've been in a lot of close games during the tail end of the season that came down to last-second shots, free throws, things like that. I definitely think pressure situations aren't anything new to us. I think we're learning how to handle that better as a team and hopefully that will help us.

Given the market is looking for another rate hike at the end-March FOMC meeting, it seems likely that the U.S. dollar will stay firmer over the next few weeks until the Fed has clearly signaled its present rate-tightening cycle is over.

A catalyst for a higher Australian dollar versus New Zealand's dollar could be relative monetary policy. We expect the Reserve Bank of Australia to lift rates toward the end of the year and early next, while we expect New Zealand's economy to slow sharply next year.

That was my favorite day. I liked the physical aspect of it. But overall, the week's events were OK. It was nice.

I think it's a big advantage for us. I think the experience is going to help us. We just need to take that going into the game. We've been here and we know what it is all about and we know how we need to play to be successful.

On the upside, we think that 112.50 could be a key level to watch, beyond which foreign investors may actively look to reduce their currency exposures.