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1 Apr 2014
Markets waiting for stringer cues – BBH
FXStreet (Guatemala) - Marc Chandler, Global Head of Currency Strategy at Brown Brothers Harriman explained that markets are not satisfied until stronger cues.
Key Quotes
"The US dollar is mixed against the major currencies as Japan's Tankan and European PMIs leave participants waiting for stronger cues. Against the euro, yen, sterling and Canadian dollar, the greenback has been confined to yesterday's ranges. Many of the high beta emerging market currencies, like the Turkish lira and South African range, are giving back some of their recent gains."
Key Quotes
"The US dollar is mixed against the major currencies as Japan's Tankan and European PMIs leave participants waiting for stronger cues. Against the euro, yen, sterling and Canadian dollar, the greenback has been confined to yesterday's ranges. Many of the high beta emerging market currencies, like the Turkish lira and South African range, are giving back some of their recent gains."