12 Quotes by Paresh Upadhyaya

  • Author Paresh Upadhyaya
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    Growth is still quite strong and therefore there may be more room to hike. When you look at the interest rate differentials they still favor the dollar.

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  • Author Paresh Upadhyaya
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    Japan is a much larger holder of Treasures, so if they made any change in their foreign exchange policy, that could have a significant and immediate impact on U.S. markets.

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  • Author Paresh Upadhyaya
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    The risk is that the dollar becomes stronger if there is any hint that the economy remains buoyant and the markets start to price in a greater probability of another rate hike in March.

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  • Author Paresh Upadhyaya
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    There's a real good chance we're going to break $1.23 in the coming three months or so as the Fed indicates a pausing in the tightening cycle.

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  • Author Paresh Upadhyaya
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    The Australian dollar is a proxy for global growth. My concern is of a more precipitous decline in the Australian dollar under the scenario of faltering global growth.

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  • Author Paresh Upadhyaya
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    Once investors shun away from U.S. investments, then the current account deficit becomes an issue. It will weigh heavily on the dollar.

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  • Author Paresh Upadhyaya
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    The Fed is closer to moving to a pause in monetary policy. We've turned more bearish on the dollar.

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  • Author Paresh Upadhyaya
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    I don't think foreign investors buy these comments from Snow, and that the U.S. believes in a strong dollar. It is a bit old and one of the reasons why you have not seen the flows into the U.S. to support the dollar.

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  • Author Paresh Upadhyaya
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    The market did react quite negatively to the dollar as this rumor triggered speculation this administration may be giving up its strong dollar policy.

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