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More - Tony Norfield Quotes

This is unlikely to be a significant negative for the dollar. They're unlikely to start moving heavily out of dollars as U.S. assets still yield more than in Europe or other countries. - Tony Norfield Quotes

This is unlikely to be a significant negative for the dollar. They're unlikely to start moving heavily out of dollars as U.S. assets still yield more than in Europe or other countries.

It's an incremental step to develop its foreign-exchange market and make its currency more transparent. The central bank has been heavily involved in the market and will probably still intervene. - Tony Norfield Quotes

It's an incremental step to develop its foreign-exchange market and make its currency more transparent. The central bank has been heavily involved in the market and will probably still intervene.

The potential for the euro to fall is pretty limited from here. The dollar is not going to get the same support we saw last year from rates now, and the euro zone economy is looking more solid. - Tony Norfield Quotes

The potential for the euro to fall is pretty limited from here. The dollar is not going to get the same support we saw last year from rates now, and the euro zone economy is looking more solid.

All the factors point to an upturn from here, - Tony Norfield Quotes

All the factors point to an upturn from here,

The euro has lost ground against every other currency, apart from the Brazilian real and a few eastern European ones, - Tony Norfield Quotes

The euro has lost ground against every other currency, apart from the Brazilian real and a few eastern European ones,

This is screwed up big-time, the whole intervention program. It's possible that there will be more intervention, but it's unlikely the U.S. will join in again. - Tony Norfield Quotes

This is screwed up big-time, the whole intervention program. It's possible that there will be more intervention, but it's unlikely the U.S. will join in again.

The U.S. economy is showing no signs of losing steam, - Tony Norfield Quotes

The U.S. economy is showing no signs of losing steam,

The U.S. economy is showing no signs of losing steam. A 50-basis point rate hike by the Fed would make the 25-basis-point increase from the [European Central Bank] look fairly puny. - Tony Norfield Quotes

The U.S. economy is showing no signs of losing steam. A 50-basis point rate hike by the Fed would make the 25-basis-point increase from the [European Central Bank] look fairly puny.

The dollar started a bit stronger today, then weakened a bit after the broadcasting of the bin Laden audio tape. - Tony Norfield Quotes

The dollar started a bit stronger today, then weakened a bit after the broadcasting of the bin Laden audio tape.

The U.S. economy is still doing fine, and the economic numbers are showing that. That means there's likely to be another two more rate increases, rather than just one, and that's going to support the dollar. - Tony Norfield Quotes

The U.S. economy is still doing fine, and the economic numbers are showing that. That means there's likely to be another two more rate increases, rather than just one, and that's going to support the dollar.

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