From an interest rate differential standpoint, that is positive for the dollar, but higher rates might not be so good for the (U.S.) stock market so we could see some selling of (dollar-denominated) assets.
More Quotes from Hugh Walsh:
Dollaryen is under pressure and euroyen is under pressure in anticipation of them (Japan) ending their zero interest rate policy as we head into March and Japan's fiscal year end.Hugh Walsh
I think (today's dollar drop) might have something to do with things heating up in Syria the U. S. withdrawing their ambassador.
Hugh Walsh
He is playing both sides of the fence, and given where the dollar is and how strong it has been, people are taking money off the table and you are seeing a little profit taking.
Hugh Walsh
Readers Who Like This Quotation Also Like:
Based on Topics: Sales Quotes, Selling QuotesBased on Keywords: dollar-denominated
One of the reasons for going back into the past is that it's almost the only place that there's any drama.
Robert Towne
The function of wisdom is to discriminate between good and evil.
Marcus Tullius Cicero
In situations of military conflict, civil strife, lawlessness, bad governance, and human rights violations, terrorists find it easier to hide, train and prepare their attacks.
Gijs de Vries