It was all one way. It was just a matter of momentum picking up after 8 a.m..
More Quotes from Tim Mazanec:
Interest-rate differentials are what are helping the dollar right now. The difference between U.S. and other investment horizons has widened of late.Tim Mazanec
Come the Fed meetings around April, May, June next year, this may have an impact.
Tim Mazanec
The dollar reacted to data strength initially, but for the euro there is buying interest around 1.2230.
Tim Mazanec
We are getting a consistent view from the Fed now that they are somewhat worried about the risk of a higher inflation rate. That is going to cause more rate hikes to come and higher yields will help the dollar.
Tim Mazanec
There's absolutely no reason to think why (the Bank of Canada) would not keep on hiking rates at least two more times.
Tim Mazanec
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My past is my wisdom to use today... my future is my wisdom yet to experience. Be in the present because that is where life resides.Gene Oliver
Particularly at around the age of 70 you reach a stage where you have to be very careful. If, at that point, you abandon the work you have been doing, there is a good chance that you will just collapse and drift.
Dietrich Fischer-Dieskau
I can't write about my greatest mistakes because I've slept with most of them.
Arabella Weir