Interest rate differentials in the dollar's favor seem to have maxed out ... and that has put a bit of pressure on the dollar.
More Quotes from John McCarthy:
Both politicians and journalists face situations which strain their honesty and humanity. My opinion is that politicians on the average stand up somewhat better than journalists.John McCarthy
It is said that man doesn't live by bread alone. Sometimes this is unfortunate, because people who cannot live by bread alone too often kill other people in consequence of the fights they get into.
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My hobby of not attending meetings about recycling saves more energy than your hobby of recycling.
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With no more than six levels of misquotation, any statement can be made to say whatever you wish.
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His ambition is to be the spider in the World Wide Web.
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My gut feeling tells me interest rate differentials won't benefit the dollar anymore. There's too much uncertainty surrounding the future course of Fed policy.
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