FastSaying
Most of us expect him to reiterate the Fed's commitment to fighting inflation and as long as he does that the dollar should hold up relatively well. This could be the trigger for the next move higher in the dollar.
Gavin Friend
Commitment
Fighting
Inflation
US
Related Quotes
The Fed has and must have a commitment to price stability. The uncertainties on the upside (for inflation) have only gotten bigger since Katrina slammed into the Gulf Coast,
— Janet Yellen
Commitment
Inflation
Stability
The Fed has and must have a commitment to price stability, ... The uncertainties on the upside (for inflation) have only gotten bigger since Katrina slammed into the Gulf Coast.
— Janet Yellen
Commitment
Inflation
Stability
At present there is a probability of just under 70 percent of the Fed raising interest rates to 5.0 percent by May.
— Gavin Friend
Interest
Present
If these expectations are not at least confirmed by the meeting minutes, market participants might feel inclined to square their dollar longs.
— Gavin Friend
Expectations
There is a risk today (Thursday) of euro/dollar trading weaker and of a test of the resistance area around 1.2200/1.2170 dollars, particularly if the US data is better than expected.
— Gavin Friend
Risk
Today