John Kicklighter is a senior currency strategist and head of DailyFX in New York City where he specializes in combining fundamental and technical analysis with money management. He authors regular art...
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MARKET SNAPSHOT: US Stocks Slip As OPEC-led Euphoria Fades
Oil prices are still facing a "major range boundary that mirrors broader consolidation trends in the financial sector," said John Kicklighter, chief currency strategist at DailyFX, in a note to clients.
;If there is a move to increase accommodation a benchmark-rate cut, deposit-rate cut, end to bond sterilization, a new lending program the market will have to adjust for the slip in market yields, which would see the euro down, said John Kicklighter, chief
DailyFX.com chief strategist John Kicklighter wrote in a post on Twitter after the decision that the RBA is easing off the pressure for further rate cuts. Says will adjust policy to keep inflation on target, but expects it to be on target.
If you look at the difference between the yields - the actual rate of return you can expect by going long Australian dollar against the Japanese yen - it is far far off the rate of return you can get there," FXCM chief currency strategist John Kicklighter said.
nk of Japans plans to remain a considerable presence in the market with asset purchases that are aimed to promote asset appreciation, devalue the yen and temper volatility. Yet, the central bank is fighting an uphill battle, wrote DailyFX chief currency strategist John Kicklighter on Friday.
Date: Jun 13, 2013
Category: Business
Source: Google
Forex focus: Carney will find the UK tougher than Canada
John Kicklighter, from DailyFX, says: The Canadian dollars appeal as a reserve currency provides a unique position safety with an actual rate of return. And even if the outlook for yields starts to pick up, Canada is ahead of the pack and likely to lead the charge.
The loss of the safe-haven status for the greenback is like a constant buzzing in the background, said John Kicklighter, a senior currency strategist at DailyFX.
The dollar will likely find little lasting enthusiasm from news of bin Ladens death, said John Kicklighter, currency strategist for DailyFX.com, in emailed comments.