People are willing to hold dollars. People are coming around to the view that the Fed is going to keep raising rates.
More Quotes from Gerry Celaya:
The advantage we have is, away from the city, we're talking to real people. We talk to farmers about hedging and forward contracts concerning oil and currencies and that reminds us that there are real people using the markets. In London, you don't see your neighbors for dust.Gerry Celaya
We found beer was costing more than 50 percent more in Europe than in the U. S.. That really helped confirm our view that the dollar must strengthen, especially against the European currencies.
Gerry Celaya
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