The Fed will match or outpace the tightening of Europe or Japan, which should be dollar positive.
The overall case for Australian dollar weakness is still in place with a steady interest rate outlook in Australia and a diminishing interest rate spread against the U.S..
There is enough strength in this report to suggest at least one more hike from the Fed and possibly more.
The current phase of the dollar's rally is starting to look mature.
It is going to be difficult to achieve any major policy changes now. The pace of reform is going to slow to a crawl. There is a very good chance this will weigh on the euro.
At the start of the year, the investment community was very bullish on Asia. The currencies' performance is clearly surprising.
At the start of the year, the investment community was very bullish on Asia, ... The currencies' performance is clearly surprising.
