Forexperts Archives

Is Dollar Ready to Collapse? FED Will Decide that in Tomorrow’s Meeting...

EUR/USD hit another all time high at 1.5910 during this morning’s Asian session. The move was aggressive with stops being hit all across the board and carry trades being liquidated at a fast pace. (Mar 17, 2008 8:06AM)

IFO Gave Euro A Push Towards 1.49. What Next?

Another day another hit for the dollar, with EUR/USD reaching yet another new weekly high well above 1.4850 after better IFO news probed a break of important resistance level 1.4850. (Feb 26, 2008 6:22AM)

Is EUR/USD On The Way To 1.50?

Another week has started with dollar still on the defensive, after last week’s very bad economic data and further speculations that America is heading for recession. (Feb 25, 2008 4:05AM)

Ashraf Laidi

Sandy Jadeja

James A. Hyerczyk

Lena Manousarides

• Michael Woolfolk, economist at Bank of New York
• Thomson Financial News - "The dollar appears set for a period of renewed stability in 2008 as long as interest rate differentials and the US credit crisis do not deteriorate any further." Michael Woolfolk

• Katarzyna Zajdel-Kurowska, polish deputy finance minister
• Thomson Financial News - "The biggest threat for inflation next year remains fuel prices and rising global demand for agricultural produce. We can, however, assume that together with a likely fall in food prices in the second half of next year inflation will start to fall. It is clear that the recent rise in inflation is due chiefly to ri... Katarzyna Zajdel-Kurowska

• Robert Brusca, economist at FAO Economics
• Reuters - "This is still a big deficit even though we had some modest reduction. Some of that progress is due to the fact that imports have been restrained and the economy is weakening." Robert Brusca

• Carlos Leitao, chief economist at Laurentian Bank
• Reuters - "The prevailing view is that Canadian inflation trends resemble U.S. inflation, which is not the case. And so when the numbers come out tomorrow, I think that will probably wake people up. And it will give the Bank of Canada all sorts of room to cut rates." Carlos Leitao