People are cautious about buying the dollar at the moment. The U.S. needs a lot of investment to fund the deficit and the bigger it gets the harder that task becomes.
More Quotes from Armin Mekelburg:
They're going to repeat their optimism on the state of the economy. People are expecting rate increases sometime this year. So this is all going to give the yen strength.Armin Mekelburg
It takes comparably low amounts of orders to trigger moves. I don't think there's much meaning in it.
Armin Mekelburg
Interest-rate advantage is still the only game in town for the currency markets. There's no doubt the dollar can gain further.
Armin Mekelburg
It was a bad number, and traders don't have anything else important to trade off today.
Armin Mekelburg
Readers Who Like This Quotation Also Like:
Based on Topics: Investment Quotes, People QuotesI thought our community should have a deep dialogue to make black America better. I believe if we make black America better, we make all of America better.
Tavis Smiley
Love is the big booming beat which covers up the noise of hate.
Margaret Cho
To retire is to begin to die.
Pablo Casals