The euro will strengthen against the dollar and should hit parity some time in the summer, ... The euro zone is experiencing robust growth, but globally the markets seem to like the dollar at the moment.
More Quotes from Steve Barrow:
Will the market push on for 1.05 this year and 1.10 by this time next year We definitely believe that it will be the latter,Steve Barrow
Worse still, there are ominous signals from the U.S. that the ECB might not have a willing ally in the Republican Party, if the GOP gets its feet under the desk at the Oval office on Nov. 7. Bush's chief economic advisor Lawrence Lindsey suggested that the U.S. was wrong to intervene on behalf of the euro.
Steve Barrow
I don't trust this rally as far as I could throw it. It maybe takes a while for investors to decide to ditch even more stocks and become even more cautious about corporate debt. I don't see what's happening here as a harbinger of recovery for the market.
Steve Barrow
Fed speakers are saying they are going to be vigilant on inflation and if the data suggests they haven't done enough, they will do more. It's a short-term buying opportunity for the dollar.
Steve Barrow
This talk of tax reform will come and go. But we need the economy looking brighter, otherwise putting action plans together is just fighting a losing battle.
Steve Barrow
But clearly any view on the Fed now is dependent on how the data comes through and hence we can expect the dollar to be a bit more volatile on data releases, starting with Friday's payrolls.
Steve Barrow
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Robert Louis Stevenson
I guess I fell into cooking.
Bobby Flay
But my kids, my brothers' kids - they think about trying to top what we did.
Damon Wayans