Quotations
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David Powell Quotes
«The market remains very bullish on the Canadian dollar and is happy to buy it when they have a reason to, but they don't really want to sell it, despite what they're being told by the market.»
Author: David Powell
«Canada's trade balance tends to attract less attention given that it's in pretty healthy shape. But going into the (U.S.) trade balance, I imagine the market is positioned short dollars because it's forecast to widen. Risks are skewed towards a larger deficit.»
Author: David Powell
«Canada's trade balance tends to attract less attention given that it's in pretty healthy shape. But going into the (U.S.) trade balance, I imagine the market is positioned short dollars because it's forecast to widen. Risks are skewed toward a larger deficit.»
Author: David Powell
«This should help the greenback continue the rally experienced over the last few weeks and leave the market focusing on further dollar gains related to a potential move of the fed funds rate to 5.00 percent.»
Author: David Powell
«Lisa was known for saying to her students and to her friends, 'Shoot for the moon. Even if you miss, you'll land among the stars.' And today, she's landed among the stars. She's in heaven with her Father.»
Author: David Powell
«One can't disregard the short-term effect of market psychology, and it looks like that's what was going on here today.»
Author: David Powell
«When you take the revisions into account, the retail sales is actually exactly as expected and the current account is actually a little bit better, so there's not too much to grab on to.»
Author: David Powell
«Today's data won't be changing the outlook at all.»
Author: David Powell
«Ultimately, any loss of child care could potentially be a crisis. We're always seeing a demand for it, especially with the economy being a factor in both parents needing to work.»
Author: David Powell
«If you look at the chart, C$1.17 has been a difficult level to break for a while.»
Author: David Powell