Quotations
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Bob Lynch Quotes
«The trade deficit certainly came in worse than expected. It was largely energy influenced but I don't think that should detract from the overall deterioration of the external balance. The dollar was already on the defensive this week and this data only reinforces that bias.»
Author: Bob Lynch
«A Bush administration would want to post numbers that look as good as the Clinton-era numbers on the economy. Obviously, a weaker dollar would boost exports and help to stimulate growth.»
Author: Bob Lynch
«[The jobs number] doesn't change the perception that the U.S. economy is working through the slowdown and that it will continue working it out for the rest of the year,»
Author: Bob Lynch
«I think it may have weighed marginally on the dollar, ... I don't know if you're seeing any sustained effect on the currency.»
Author: Bob Lynch
«The outlook for the euro is to strengthen,»
Author: Bob Lynch
«With the dollar trading at levels equivalent to 2.16 Deutsche marks, as against the 10-year average of 1.69, most people would consider it quite strong,»
Author: Bob Lynch
«It may be difficult for the dollar to sustain the overbought levels it reached against the euro in the past year,»
Author: Bob Lynch
«Buying euros and selling yen is a better way to trade the euro recovery story,»
Author: Bob Lynch
«The FOMC is likely to see balanced risks in the economy, with the threat of a sharp slowdown about equal to the threat of inflation,»
Author: Bob Lynch
«At least the ECB showed that it is still willing to intervene to support the euro,»
Author: Bob Lynch