50 Quotes by Steve Barrow
- Author Steve Barrow
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We still hold firm to the belief that the euro will fall to 80 cents. At that level the ECB is most likely to intervene.
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- Author Steve Barrow
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We still hold firm to the belief that the euro will fall to 80 cents, ... At that level the ECB is most likely to intervene.
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We'd like to see it at the next meeting on Nov. 30. Underlying inflation is moving higher and Europe's economy is still strong. We will have to see what happens in the next two weeks ? it may be the next rate hike is pushed into next year.
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This talk of tax reform will come and go. But we need the economy looking brighter, otherwise putting action plans together is just fighting a losing battle.
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Fifty basis points is most likely; that's factored into the markets already.
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There is speculation in the market that a Dutch company is selling euros.
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We think it is unlikely, but it's a tough call.
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Do we think it's going to happened? Not in the U.S., so then not in Europe, ... But then there's no evidence that the economy is going to show strong recovery either.
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Fed speakers are saying they are going to be vigilant on inflation and if the data suggests they haven't done enough, they will do more. It's a short-term buying opportunity for the dollar.
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