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James McCormick Quotes
«[Currency analysts attributed the dollar's move to the continuing strength of the U.S. economy.] Clearly the movements are directly related to the [U.S. Federal Reserve] action, ... You still want to be long on the dollar, even at $1.0250, and we are going to see a few more lifetime lows for the euro.»
Author: James McCormick
«The yen looks too cheap in a world where the BOJ may be removing its zero-rate policy in the months ahead. Yen fundamentals are increasingly too strong, and the currency too weak, to justify further declines.»
Author: James McCormick
«We still think the tough talk from the ECB will not amount to outright action.»
Author: James McCormick
«It's not just the Fed anymore. The room for surprise on ECB policy is much bigger than a month ago.»
Author: James McCormick
«There is a lot of nervousness about the recovery in Europe, and people are willing to bail out of the euro very quickly. We're not convinced the euro will stage a big rally.»
Author: James McCormick
«On the ECB, the upside risks are far more imminent. To be sure, there are still plenty of doubts about the rigor of the recovery in the euro area.»
Author: James McCormick
«We are not convinced that now is the time to expect more dollar weakness.»
Author: James McCormick
«The yen at current levels still looks attractive.»
Author: James McCormick
«We will steer clear of being long the Canadian dollar for now.»
Author: James McCormick
«Although political risks in Brazil linger, real yields are still very high relative to the rest of the world and the trade surplus has continued apace into 2006.»
Author: James McCormick