Snow's comment really does undermine the credibility of the U.S. strong dollar policy.
More Quotes from Jane Foley:
I think it's going to go further. The story's been the same for some time with the euro - the currency appears to ignore the good European economic news and latch on to the bad European news.Jane Foley
The market is trying to get to grips with which of the two schools of thought is right.
Jane Foley
The market has to make its mind up what the Fed rate cut means.
Jane Foley
Inflation is a massive theme because we are in a rising-interest-rate environment. I think there is enough pressure for the European Central Bank to raise interest rates fairly aggressively.
Jane Foley
He was always sweet and funny. If you needed something like a pencil or a piece of paper, he'd always give you one, even if he had to sacrifice his own.
Jane Foley
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