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Letter "C" » Craig Ferguson Quotes
«Going into at least January, you would expect the Fed to take rates to 4.5 per cent in the US, possibly up to 4.75 per cent by March. If that's the case, then the US dollar is more likely to rally . . . over . . . the next three to six months than decline, so the Aussie is going to be under pressure.»
«We could continue to see the euro push up.»
«You've got to realize these trends are there until they're not ? you've got to be careful about picking the top.»
«Despite the lofty gains in the Australian dollar, commodity prices have meant it now looks undervalued. Any short-term dips in the Australian dollar now need to be bought.»
«The dollar's rally will continue. Certainly it's going to continue, going into the Fed meeting.»
«The dollar's rally will continue.»
«The fundamentals haven't changed, there's very strong investment demand and the hedge funds have certainly cut back their longs over the last week or so - that's usually a recipe for a rally.»
«Today's number clearly has the potential to move the currency. Upcoming data may surprise on the higher rather than lower side. Today's GDP data will likely provide further evidence of this re- acceleration.»
«We continue to believe that further USD weakness in coming sessions will push the Australian dollar above US$0.7500 and that the U.S. dollar will remain the key directional driver, despite today's trade balance data.»
«The Fed is still on the warpath.»