16 Quotes by Mike Malpede

The top (reason for the US dollar's strength) is the yield differential. You have Japan officials saying no abrupt change and mixed signals from Europe.

The top (reason for the US dollar's strength) is the yield differential, ... You have Japan officials saying no abrupt change and mixed signals from Europe.

It seems as though the whole dynamic is based on safe-haven flows. It starts to give pause to what's going on there. It brings the news closer to home.

The yield differential is going to limit any real upside for the euro right now.

Not much has changed. They left the door open for more rate hikes. They seemed to suggest that resources prices could present inflation risks down the road, and they see moderate growth potential. There is still a very good chance that they'll raise rates again in May.

Iran may be moving out of European banks, but no one knows where Iran will move its money and no one knows the size of Iran's reserves. So you can't really make an intelligent trade on the news.

The direct consequence was to push the Swiss franc higher against the euro in cross trading.