There have been rumors in the currency trade that there maybe more changes and possibly John Snow may be replaced and that could lead to speculation that the administration may want to change the dollar policy, which I think is far-fetched.
More Quotes from Mike Malpede:
We are still focused mainly on the potential that the Bank of Japan has decided to officially end its intervention. This is helping to boost the yen,Mike Malpede
Iran may be moving out of European banks, but no one knows where Iran will move its money and no one knows the size of Iran's reserves. So you can't really make an intelligent trade on the news.
Mike Malpede
We had a stronger-than-expected industrial production number from Germany, which is giving underlying support to the euro, and the third factor is the weakness in the equity market,
Mike Malpede
He's back-tracking his past statement and he's trying to clarify through the media, which makes him look a little bit less credible. If you have a Federal Reserve board chairman that looks less credible, that could be considered dollar negative.
Mike Malpede
Not much has changed. They left the door open for more rate hikes. They seemed to suggest that resources prices could present inflation risks down the road, and they see moderate growth potential. There is still a very good chance that they'll raise rates
Mike Malpede
There is a perception that today's unemployment rate numbers could convince the Fed to keep lifting rates into May.
Mike Malpede
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Based on Topics: Snow QuotesBased on Keywords: far-fetched
Even imperfection itself may have its ideal or perfect state.
Thomas de Quincey
If everyone could learn that what is right for me does not make it right for anyone else, the world would be a much happier place.
William Glasser
Just the other day, it seems, the kids were running through the house, slamming doors, breaking glass, making noise. Time goes by so quickly. Sometimes everything seems so fleeting.
Perry Como