We didn't see the big increase in Federal Reserve interest rates. I think that surprised a lot of the market.
More Quotes from Adam Myers:
The risk is that eurodollar still heads lower into Wednesday first due to negative press surrounding the German election,Adam Myers
There are no clinical studies that show it's an effective weight loss agent.
Adam Myers
Even though risk aversion might be on the rise and could drag on the dollar slightly, there is still a very, very strong equity flow going back into the United States.
Adam Myers
Everyone is sounding positive on the dollar, so you've got to wonder where new buyers will come from in the short term. The dollar may have more gains left, but by most indicators it's looking very overstretched at the moment.
Adam Myers
There is basically 100 percent pricing for a tightening in U. S. rates ....
Adam Myers
From a very low base the German data has been performing very strongly, confidence is up and activity is up. The euro will continue to benefit.
Adam Myers
Readers Who Like This Quotation Also Like:
If I move one way, I lose a couple votes. If I move another way, I lose a couple votes.Charles Grassley
Ironically, the Canadian naval vessels, aircraft and personnel in the Persian Gulf I mentioned earlier who are fighting terrorism will provide more support indirectly to this war in Iraq than most of the 46 countries that are fully supporting our efforts there.
Paul Cellucci
One experiments and has to choose always the best results.
Karlheinz Stockhausen