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Daragh Maher Quotes
«The more hawkish rhetoric we've had from the ECB and talk of the next move in interest rates being up is protecting the euro a little. The problem the market has is that it's tougher talk, but action is still some way away.»
Author: Daragh Maher
«The rise in output prices ... will not ruffle the doves unduly when the Monetary Policy Committee meets next month to decide on interest rates.»
Author: Daragh Maher
«The rise in output prices ... will not ruffle the doves unduly when the MPC meets next month to decide on interest rates.»
Author: Daragh Maher
«Given the Bank of England's apparent wariness about the accuracy of this initial (GDP) estimate, it is questionable whether it will have much of a bearing on policy decisions.»
Author: Daragh Maher
«There is a reluctance to push the euro/dollar higher because of riots in France and pressure from euro zone finance ministers not to raise rates.»
Author: Daragh Maher
«The language from the ECB suggests they are not promising to do anything but they are not promising not to do anything either. The market will seize on anything that suggests a greater chance of a December rate hike.»
Author: Daragh Maher
«The market was reluctant to push the euro above $1.2150 and we've seen it slowly come down from there during European trading.»
Author: Daragh Maher
«I'd be a bit nervous about the pound's rally recently. We've not seen enough evidence of a pickup in growth and the focus is still on the next rate cut, which I think we'll get in February.»
Author: Daragh Maher
«Although growth and inflation have tracked somewhat below the forecasts made in the (November) Inflation Report, the magnitude has not been seen as sufficient to warrant a fine-tuning on the rate front.»
Author: Daragh Maher
«There are concerns that the revival in euro zone business confidence has been driven by the external sector, which could be undermined if the euro keeps on rising.»
Author: Daragh Maher