Augie Ojeda Quotes
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There`s a gradual feeling that the ECB is closer to raising rates than first thought,
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The slowdown in the housing market has become dinner-table conversation and it may bring back talk of a second rate cut as the downward momentum saps consumer confidence. We are on the bearish side for the pound.
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The move didn`t happen until Wednesday and this was only my third game in 12 months, so I didn`t expect to be thrown in like that but I couldn`t have wished for a better start.
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The mixed and contrasting data means it will take a bit of pondering over the next few days. It`s perfect ingredients for range-trading.
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The Bank of England is walking on a tight rope as the data this week has been quite weak, pointing to downside risks in the economy. We see sterling coming down from their lift last week, going lower against the euro from here.
Keywords: against :: as :: bank :: been :: coming :: data :: down :: downside :: economy :: england :: euro :: from :: going :: has :: here :: in :: is :: last :: lift :: lower :: of :: on :: pointing :: quite :: risks :: rope :: see :: sterling :: the :: their :: this :: tight :: to :: walking :: we :: weak :: weekSource: thinkexist.com
