You can see that dollarCanada's had trouble going below C1.15. I think that's a reflection of the fact that the statement was somewhat less hawkish, and traders are less sure about the course of monetary tightening in Canada.
More Quotes from David Powell:
It's pretty much universally expected they'll hike 25 basis points but I think what will be more important is the actual wording of the statement where people will look for further indication of further hikes.David Powell
My feeling is that while there may be a mention of (a stronger Canadian dollar), it's not going to be a focal point of the statement because they are less concerned now about Canadian dollar appreciation than they were a year ago. The economy has had time to adjust and get used to a stronger Canadian dollar.
David Powell
I understand the dilemma and the risks I'm asking you to take. I'm asking you to support me and to allow me to run this office for one year the way I can maintain morale and keep two qualified people working. I can do that and meet your budgetary requirements, ... I can never do that and keep the courthouse happy. I don't try to do that. I've not tried that for 20 years. That's going to be impossible for me to do. I don't worry about anybody but my staff nor do I come in here and complain about what somebody else is getting. If you want to pay the folks in the clerk's office 60,000, I don't care. I'm talking about one person here and trying to sustain it for one year.
David Powell
The previous month was huge, so of course we were expecting a weaker number. The important thing is how it compares with the month's trade deficit.
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.
David Powell
Readers Who Like This Quotation Also Like:
Based on Topics: Contemplation Quotes, Facts QuotesIn all cases our stance will be determined by what serves the interests of the Palestinian people.
Ahmed Yassin
Seldom, very seldom, does complete truth belong to any human disclosure; seldom can it happen that something is not a little disguised, or a little mistaken.
Jane Austen
The resultant tales from life are stirring reader interest, survivor passions and unease among Britons.
Francis X. Clines