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Tom Benfer Quotes
«This is just positioning within ranges but I still think the dollar is going higher.»
Author: Tom Benfer
«The core number (which excludes the volatile food and energy sectors) is expected to (gain) 0.2 percent, which would be good and I think that would give the market a further sign of relief and could give the bond market a boost.»
Author: Tom Benfer
«The market feels if one is in trouble, there could be more we don't know about.»
Author: Tom Benfer
«Once again, it shows a lack of follow through after thoughts of intervention.»
Author: Tom Benfer
«I think that these countries do not want to miss out on the export opportunities in the United States and that's one of the primary reasons behind this.»
Author: Tom Benfer
«The dollar was reluctant to follow movements in the equity market, but when the selling became fierce, it started to respond.»
Author: Tom Benfer
«It's a lose-lose situation for the yen. Traders feel they shouldn't raise rates because the economy is still too weak at this point.»
Author: Tom Benfer
«People are getting ready for the end of the tightening cycle and they are beginning to feel like the dollar?s rally is nearly over.»
Author: Tom Benfer
«If the yen continues to strengthen, then it's not a good thing for the Japanese because their exports aren't going to be competitive into the U.S.. I think as you get to 105 and pull below, it's going to hurt the Japanese stock market. So, too strong of a yen is not good.»
Author: Tom Benfer
«Normally that would strengthen the euro.»
Author: Tom Benfer