15 Quotes by Steve Pearson

Dollars provided by the deficit are being soaked up by capital flows. It's important to consider both sides of the coin.

It's wrong to assume that the dollar will start to fall as the Fed stops raising rates. What we could see is a transition to a structural support for the dollar as the trade position improves.

There was an observable extreme in market sentiment.

The growth fundamentals really weren't there for the euro. The U.S. has a strong economy, it has high yields and that's good for the dollar.

The impact of the weaker ISM survey has knocked the dollar lower. The backdrop for the dollar is that it's just consolidating around here. It's a pause for now.

The market has got itself into a far-too-dovish spot given the tone of the Fed-speak. There is potential for rate expectations to rebuild and that should support the dollar.