let's dive into jane foley's thoughts.re do we had on the dollar and could the jobs report be crucial here because if the jobs market is really tight, and expectations for a hike remain in place, does that further strengthened the dollar? >> i think it does. perhaps what is more important is what the fed will do into 2019. for the time being the dynamics that we have had are very much in place. this is a dollar growth story in the u.s. we have got the fed expected to hike interest rates again. that is a dollar positive story. that pressure that the hike of the dollar funding, actually many emerging-market currencies and other em currencies are looking to china fearing the slow drown -- slow down and growth there. ifld be more vulnerable chinese growth continues to slow. the dollar store is really part of the same. manus: have a look at some positions in the gcb library. we are reflecting back at the 60 month high. august, 16 months hike, it is where we are seeing the position on the dollar. are you a buyer of dollar and if

jane foley, senior fx strategist at rabo bank, joins me now.t celebrity endorsement, something that's been going on for decades and in many cases effectively but sometimes it isa cases effectively but sometimes it is a disaster, isn't it? it has been before, but this one is quite brave, clearly it is a debate that has divided america. obviously the protests are against police brutality but some people take the view "well, if you don't stand for the national anthem, what is so offensive about the american flag?" it has been divisive and there have been several tweets from americans saying that they have chosen... they have had to choose between their flag and sportswear. there are pictures of people burning their shoes etc. so it actually goes to show that celebrity endorsement is very powerful one way or the other, it can be negative and positive. i asked viewers for their opinions and many have been in touch. quite a few have said you are not swayed by celebrity endorsement. bob says it has the opposite effect on me. i think if a product is go

with me is jane foley, senior fx strategist, from rabo bankjoins me now.en reading this front page, the big speech at the summit. it is a big dealfor both china and africa. it is a big deal. if you read the chinese newspaper, it sounds wonderful, it sounds as if china are helping africa to industrialise, it has given it humanitarian food and helping africa address food scarcity. it depends who is covering it. the chinese stories are a positive, there is a different angle. this is about china making vanity projects. there is concern that some of the loans that china is making to africa will never be repaid by some of the african nations, and china is using that as an —— as leverage. there are concerns it is opening up natural resources for its own industry can opening up africa as a place for destination for chinese exports. there is a lot of controversy about the angles of this story. interesting. that is the china daily. we will keep an eye on how that pans out this week. the new york times has a feature on sweden, going to the polls on sunday, saying it

. >> we're joined by jane foley at rababank what does this mean for the pound? >> if you look at the pound over the last few months we see a deteriorating position for the pound. as we know all the potential implications of brexit are complex. sterling can move in a much more binary path. it either goes up, down or people stay on the sidelines what we have in sterling now is this concern that we have got just a few months left before brexit is meant to happen. everybody is disappointed that there has not been more progress made on a trade deal investors are getting nervous. but it is interesting that euro/sterling doesn't want to break above that 90 level. most commentators still have it as a view that a free trade deal will be done if that changes, which it could do if the time span before brexit runs out further, i think that would be a real change. that's what it needs to break above 90 >> there's been a lot of discussion in the last week about carney's tenure, whether or not he will stay an extra year does it matter at all for markets and for the direction o

james foley, senior currency analyst, jane, happy friday, good morning.the strong dollar has to do with the federal reserve and that today is affecting the overseas markets big time if you're looking at the nikkei. >> well, exactly right. you consider the u.s. economy going really strongly, the federal reserve putting up interest rates and that's contrast to the bank of japan's position, still running negative interest rates and the yen has gone down as the dollar has gone up. big japanese exporters, when the yen goes down all the stocks go up. 27-year high today. lauren: a tale of two different central banks. tracee: jane, how investors are reacting to trade talks between u.s. and japan? >> well, again is another reason why nikkei is going higher, people in japan and japanese investors have taken comfort in this. prime minister abe of japan is a real flag bearer of the free-trade movement and soon after the president and the u.s. was elected he was one of the first global lead toaster get to talk to him to try and talk about trade, so investors are takin