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Letter "B" » Bob Lynch Quotes
«If the euro threatens to drop below its previous lows, there could be more intervention.»
«The ECB needs to reintroduce the threat of intervention.»
«At least the ECB showed that it is still willing to intervene to support the euro.»
«There has been some unwinding of the premium attached to the dollar. There are limits to how far the euro will rally, but the United States has more room to slow than Europe, which could take more wind out of the dollar's sails.»
«Buying euros and selling yen is a better way to trade the euro recovery story.»
«The FOMC is likely to see balanced risks in the economy, with the threat of a sharp slowdown about equal to the threat of inflation.»
«In the past, a number like that could have hurt the euro. But sentiment has changed now with the euro trending higher.»
«With the dollar trading at levels equivalent to 2.16 Deutsche marks, as against the 10-year average of 1.69, most people would consider it quite strong. But that also means that the dollar has more room to fall.»
«It may be difficult for the dollar to sustain the overbought levels it reached against the euro in the past year. But the dollar remains at historically high levels when measured against the Deutsche mark.»
«In general, we are still looking for a deteriorating fundamental backdrop. The Nikkei stock average continues to struggle, which is complicating a difficult situation with financial balance sheets.»