Risks point to further declines in the Canadian dollar. The Bank of Canada has continued to soften its policy statement.
More Quotes from James McCormick:
We will steer clear of being long the Canadian dollar for now.James McCormick
If you were rating bank CEOs on investing for revenue growth rather than tweaking the existing system, John would rate way up there.
James McCormick
Without a doubt, it's going to be a very disappointing year for those who have been looking for an Asian currency rally, ... turned out to be far too little.
James McCormick
Currency analysts attributed the dollar's move to the continuing strength of the U. S. economy. Clearly the movements are directly related to the U. S. Federal Reserve action, ... You still want to be long on the dollar, even at 1.0250, and we are going to see a few more lifetime lows for the euro.
James McCormick
We still think the tough talk from the ECB will not amount to outright action.
James McCormick
The shift in growth sentiment supports a trend that has been developing over the past six months namely, countries with strong external balances are beginning to look more attractive relative to countries with growing external deficits.
James McCormick
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Howard Coble
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I decided I can't pay a person to rewind time, so I may as well get over it.
Serena Williams