Jack Spitz Quotes (16 Quotes)

A hawkish tone is already priced into the markets, both in the yield curve and on the currency. It was the big event risk of the week and he did live up to market expectations.

There's been corporate support for dollarCanada all the way down here. Model funds, momentum types, technical traders are still looking at buying the Canadian dollar even above 88 cents.

The domestic payroll numbers were extraordinary, well ahead of expectations, and very supportive of the currency going forward.

The U. S. dollar is under pressure today, which is dominating price action throughout the North American session.

Canada looks to be a buy not only against the U.S. dollar but the euro as well.

The number underscores economic strength in the country. Bank of Canada may continue its hawkish stance. This is supportive to the Canadian dollar.

Model names and momentum accounts are looking at buying Canada and (International Money Market futures) names are on it already.

The news was all, on balance, positive for the Canadian dollar.

He repeated the call for modest interest rate increases.

I do see the Bank of Canada looking to raise rates, and the converging yield curve between Canada and the United States will continue to underpin the Canadian dollar.

I'm looking for dollar Canada to trade within the well-defined C1.1370-C1.15 range ahead of the tier-one economic releases that are out this Friday.

Price action is still (pushing the U. S. dollar lower against Canada) given the price of commodities and energy, which are both supportive of the Canadian dollar going forward.

U. S. markets are closed for Martin Luther King Day so price action is expected to remain muted throughout the North American session.

Given the Fed's middle-of-the-road statement that the end is somewhere nearer rather than further, it implies that the (U.S.-Canada) interest rate differential is going to narrow, and that is favorable for the Canadian dollar.

There's support for the Canadian dollar because fundamentally the numbers that were released this morning were still not bad enough to continue to see the Canadian dollar weaken.

Liquidity may be an issue later today.