Last quote by Jordan Rochester
Anyone who thinks sterling is a buy here and thinks the plan May laid out this week (which triggered a 3 percent surge in sterling) will signal the bottom, should look how it traded yesterday through what were quite strong wage numbers.
Jan 19 2017
Jordan Rochester has been quoted 7 times. The two most recent articles where Jordan Rochester has been quoted are Dollar limps to worst week in two months, sterling stays shaky | Reuters and Dollar risks evenly split ahead of Trump news conference. Most recently, Jordan Rochester was quoted as having said, “It opens up the possibility for the market that he could go down the more toxic route which is becoming more protective on trade. Therefore it's quite prudent for investors that the dollar is a bit softer, especially against the yen which is the proxy here.”.
Quotes by Jordan Rochester
Jan 13 2017
It opens up the possibility for the market that he could go down the more toxic route which is becoming more protective on trade. Therefore it's quite prudent for investors that the dollar is a bit softer, especially against the yen which is the proxy here.
Jan 11 2017
The less market positioning friendly policies (are) a strong focus on trade tariffs or perhaps more importantly if he talks about a weaker dollar policy. We wouldn't be surprised to see 113.50 to 114 yen over coming weeks if he moves in this policy direction so soon. If he directly comments on a weaker dollar policy, the adjustment could be more (like) 110 to 112 in coming weeks.
Jan 10 2017
Political speeches come and go throughout the year with most having a very limited effect on markets. But when it comes to Brexit and a speech from Theresa May, the impact can be marked.
Dec 22 2016
This doesn't necessarily mean that a BoE mandate change is on the way anytime soon but it does tie in with the theme Theresa May outlined in her Conservative conference speech.
Dec 02 2016
For the first time in weeks, domestic issues are driving sterling. I expect a lot of noise, and because market positioning is still very short, the risks are always for a potential squeeze to the upside.
Oct 28 2016
However, the market will be reading into this as an indication as to how the other case may develop.
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