The U. S. dollar is being held firm by short-term rate expectations and until there is some sign of visible weakness in the U. S. housing market or receding inflation expectations, euro-dollar will likely remain under pressure,
More Quotes from Adam Myers:
We didn't see the big increase in Federal Reserve interest rates. I think that surprised a lot of the market.Adam Myers
The world is coming to a view that the Fed is going to provide more liquidity and interest rates will probably (peak) around 4 percent,
Adam Myers
There are no clinical studies that show it's an effective weight loss agent.
Adam Myers
The risk is that eurodollar still heads lower into Wednesday first due to negative press surrounding the German election,
Adam Myers
Because of Katrina we will have a pause in September. The aftermath of shocks is still not appreciated and oil prices are still high. The effect is that with the background of structural problems and (losing cyclical support) the dollar is in a phase where it should weaken.
Adam Myers
Readers Who Like This Quotation Also Like:
Based on Topics: Sign & Symbol QuotesBased on Keywords: euro-dollar, receding
When I was growing up, I always read horror books, while my sister read romance novels.
Dorothy Allison
Death, so called, is a thing which makes men weep, And yet a third of life is passed in sleep.
Lord Byron
Our life is a book that writes itself and whose principal themes sometimes escape us. We are like characters in a novel who do not always understand what the author wants of them.
Julien Green