39 Quotes by Tim Fox
- Author Tim Fox
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Yesterday's move was exaggerated. Markets have been pricing in more of a move to 5.25 percent and that's given the dollar some support.
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Positioning is against the euro. As we get into the weekend, the markets may start to pare back some of that pessimism. The market is a bit short of euros. There could be some short covering, which could benefit the single currency.
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I don't think a decision either way would have been negative for the pound.
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Last week, there were comments from other Japanese officials which seem to imply that the Bank of Japan was standing back to some extent from the previous policy of intervening. And it wouldn't be completely against the wishes of the U.S. Treasury if the dollar were to weaken a little bit further. It would actually keep the pressure on Japan to reform.
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Our greatest fear is people coming onto the campus because there is no wall or gate surrounding us.
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Survey data shows a further deterioration in business optimism and retail demand.
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Markets are looking again to challenge the lows of the year in euro/dollar, which were approached yesterday. People are tempted to look at those levels again.
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I think he has to say that he supports the strong dollar ? and I think he does believe in a strong dollar, ... The area of difference is in terms of definition of what is strong.
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