But the holiday interest rate hike may give traders occasion for pause - even if only briefly.
多年前似乎也有这样的一骑绝然去，有这样的热血作别语，有这样虽千万人吾往矣的勇气，有这样虽万死而不改的决裂。
Li's attitude is the first time outside official "rate hike Cantata" response.
The new interest rate hike had a big effect on residences' trends for more saving," the central bank said.
Jim: That will involve additional expenses for us, which we'll have to pass on to you as a rate hike.
The Australian dollar, already up 23% this year against the dollar, appreciated further after the rate hike.
Despite the latest move, interest rate hikes cannot be ruled out, said an expert. We have entered an interest rate hike cycle.
This week's BOE meeting is unlikely to boost the pound as the MPC seems to have moved even further away from a rate hike in recent weeks.
Yen crosses also favored the yen as rumors swirled yet again of a possible Chinese rate hike to help cool the economy.
Inflation is at its highest level in 2 years, which may fuel fears about further tightening measures from Beijing, after the surprise interest rate hike earlier this week.
The prospect of stronger growth in Q4 2010 and continued inflation pressures might not warrant a rate hike but certainly reduces the likelihood of more QE later in the year.
Although market expected no further rate hike in the coming future, the negative USD sentiment helped to push GBP above 1.87USD. Wait to long GBP at 1.8630USD with stop at 1.8550USD. Target at 1.8800USD.
With many expecting an ECB rate hike of 0.25% to 1.50% in the cards, the action in the single European currency will be victim to those jockeying positions ahead of the announcement.
If the rise does go ahead this would cloud the outlook for UK consumption even further and weigh on the pound in our view as it would make a rate hike less likely in the near-term.
U.S. Treasury notes failed to hold the earlier gains. The auction of 2-year notes pushed the market higher. Investors found the yield less attractive in view of further rate hike. The yield of benchmark 10-year notes closed at 4.182%
