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Neil MacKinnon Quotes
«I think that looking forward we'll start to see strong economic growth, ... I'm fairly optimistic that the economy will start to pull through in the next 12 to 18 months.»
Author: Neil MacKinnon
«As far as interest rates are concerned, zero growth puts a 50 basis points cut back on the agenda at this week's Federal Open Market Committee meeting.»
Author: Neil MacKinnon
«We've had a dollar sell-off in the latter half last week and a little bit of profit taking in late London trading.»
Author: Neil MacKinnon
«Whatever differences they've had, there does seem to be the same concern about inflation.»
Author: Neil MacKinnon
«The current account numbers were pretty awful and put pressure on the sterling.»
Author: Neil MacKinnon
«The dollar is going to prove resilient, and we could see further gains. Higher rates have supported the dollar all year, and with more work to do by the Fed, I can't see that changing.»
Author: Neil MacKinnon
«Anything that would suggest a deteriorating appetite for US financial assets would undermine the dollar.»
Author: Neil MacKinnon
«The initial reaction was to sell the dollar, presumably in the notion that the core rates don't warrant aggressive action from the Fed.»
Author: Neil MacKinnon
«The theme this morning is an increased awareness of the terrorist threat, which is benefiting the Swiss franc in its traditional role as a safe-haven currency.»
Author: Neil MacKinnon
«As far as the European Central Bank is concerned, they remain inflexible. Recent inflation numbers suggest that there's been some rounding up of prices as a result of the introduction of the euro. That means that the room to maneuver cutting interest rates is limited. That's a negative for the currency. There's also political risk from French and German elections this year,»
Author: Neil MacKinnon