26 Quotes by Ashraf Laidi

This does not mean that currency markets have completely eliminated all concerns about the trade deficit when assessing the dollar,

The report came in below the psychologically important $60 billion figure many had been expecting due to mounting oil imports.

The number is not good for the dollar. There is increased difficulty for the U.S. to finance its swelling trade deficit.

It's good for the U.S. to see a relatively weaker dollar, but it's not a good idea for the U.S. Treasury to signal it wants a weaker dollar. The decline in the U.S. currency could be faster than they wish.

(The Canadian dollar) has been a big play from overseas players, especially those who are wanting to play it against the Japanese yen to take advantage of the carry trade, which is right now beginning to overturn.

Industrial output does show we are still in a slowdown, but it does show we may be nearing the bottom of a slowdown. We are still not out of woods yet. January was a slow month, but we could see some brightening of prospects after the first half of this year.

The combination of cold winter weather and a potential stand-off in the Arabian Gulf in the event of a military strike on Iran is causing many oil analysts to expect $80 per barrel oil as early as this quarter.

The dollar impact will emerge from whether the Fed Chairman confirms the scaling down in market's expectations of a May rate hike. We deem the Fed to be uncertain as to what it will do in the May meeting as it is far too early for the 'data-dependent' institution to decide.