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Michael Woolfolk Quotes
«The weekend 'No' vote was deemed to be negative for the euro and has sent the euro/dollar into a new trading range. It is quite possible that in the coming weeks we could get as low as $1.20 before the market decides that it has bought enough dollars for the time being.»
«Interest rate differentials are supporting the U.S. dollar for the time being. Until the Fed pauses, it looks that's going to provide a support for dollar bulls.»
«Interest rate differentials are supporting the U.S. dollar for the time being. Until the Fed pauses, it looks that's going to provide support for dollar bulls.»
«Anecdotal evidence on the trading floor indicates things have been lighter than at any other point in the week. You are seeing some one-off flows that are making a greater impact in the market due to this lower level of liquidity and volume.»
«The U.S. dollar's ability to rally strongly off a better-than-expected trade deficit is a strong indication that the market hasn't yet given up on the dollar.»
«The US dollar's ability to rally strongly off a better-than-expected trade deficit is a strong indication that the market hasn't yet given up on the dollar.»
«With the market now anticipating a pause in monetary tightening on behalf of the Fed ... the dollar is having trouble maintaining its value against the majors. Any disappointments in next week's U.S. data could well feed into the emerging bearish dollar sentiment.»
«With the market now anticipating a pause in monetary tightening on behalf of the Fed ? the dollar is having trouble maintaining its value against the majors. Any disappointments in next week's U.S. data could well feed into the emerging bearish dollar sentiment.»
«The United States is very dependent on Asian bank buying and petrodollars.»
«What we are concerned about is that going forward they may decide to remove petrodollars and redirect them elsewhere. If they do, it is negative for the bond market and ultimately for the U.S. dollar.»