Foreign investors will consider this as a step from the government to level the field for foreign competition and free capital for more efficient use. But it is a tricky situation now. The currency will move to a spot lower if the news is considered a negative for growth. |
I think that the dollar is struggling to keep the ground that it clawed back overnight. The euro doesn't seem to be having any key direction, |
I think that the dollar is struggling to keep the ground that it clawed back overnight. The euro doesn't seem to be having any key direction. |
If the data had been negative then maybe [traders] would have kept selling the dollar, but the data were neutral. |
If you get a number well above consensus, you could see a big sell-off in the dollar. There's no doubt that is the big risk. |
If you're bullish on the global economy over the next couple of years, you have to think the CAD is going to be a major beneficiary. |
Obviously, our prayers are with (Robinson) regardless of all the other issues. |
Sallie's departure is a great loss for the guild. For two decades, she put her boundless energies and considerable talents toward protecting and enhancing the welfare of performers across America -- bettering their contracts as one of our chief negotiators, strengthening their pension and health programs as a trustee of those plans and fighting for their claims as the head of our contracts department. |
The details are slightly less robust than the headline, but this is nonetheless a dollar-positive report. |
The report will keep the Bank of Canada anxious about the inflationary threat it has allowed to build due to its easy policy stance in 2005. |
There is probably upward momentum in the short term for energy prices, and in that environment, the Canadian dollar should do reasonably well. |
To manage perpetually strong growth when the output gap has long closed will likely require a string of further near-term rate hikes. |
We're so close to the end of that [interest-rate increasing] cycle, the data is now extremely important. |