Neil Mellor - BNY Mellon

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Last quote by Neil Mellor

We do just not know what happens next with the North Korea situation. For quite some time the market hasn't really reacted to things on the Korean Peninsula because we know from the past it is largely North Korean sabre-rattling, and it may yet be. But with the rhetoric having gone to a different level, the market just can't afford to take that risk.feedback
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Aug 11 2017
Neil Mellor has been quoted 24 times. The two most recent articles where Neil Mellor has been quoted are Sterling inches up after worst week against euro in nine months and Doubts about Trump's agenda seen accelerating U.S. dollar decline. Most recently, Neil Mellor was quoted as having said, β€œThe tone is very dollar-bearish at the moment, and the fact that cable (sterling/dollar) is actually marginally lower over the past week tells you a lot. Politics seems to be the thing right now – it was underlying economic fundamentals but I think that's starting to sour. It will be very hard, in view of the data we've had of late, to really justify a further vote for a hike.”.
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Neil Mellor quotes

Feb 07 2017

Until we have answers to some of the big (policy) questions I can't see any free space for dollar bulls to run into. They are fearful of what the administration is prepared to do to actually keep a lid on the dollar.feedback

Jan 04 2017

There are a whole host of practical problems with this, but I suspect that her statement isn't designed to be overly bothered with the nitty gritty - it's designed to make a statement.feedback

Oct 19 2016

Whilst today's official Chinese economic data rightly occupy a prominent spot in our headlines, we are always mindful of the criticism that often comes their way. After all, that China has been reproached in the past for 'smoothing' data will hardly be a revelation to readers.feedback

Oct 06 2016 - Conservative and Unionist Party

The speech by (Prime Minister Theresa) May this week thrust the prospect of a 'hard' Brexit upon the market. The fact is that the bias to the downside is going to remain there until we see some details from the negotiating table.feedback

Sep 13 2016

We've had a number of supportive comments from the policy hawks, but they are still struggling to convince the market. The dollar is right in the middle of the recent ranges.feedback

Jul 17 2016

There is an initial impact and you do get these flights to safety but it does wear off very quickly.feedback

Jun 27 2016

The clear risk must be for further downside. Uncertainty equals currency weakness, we know this, and there is no sense that this (sterling) is a value trade right now and that you have to get back in. It is too early for anyone to start calling a bottom.feedback

Apr 25 2016

Such has been the aggressive move by real money investors to sell the dollar since the start of this year, it just says there is no real faith in what the Fed are trying to do.feedback

Jan 14 2016

Central banks' mandates are almost becoming mutually exclusive. It's a staggering situation when you've got a negative deposit rate and you can still see your currency appreciate.feedback

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