Dave Gilmore

Dave Gilmore
David Jon Gilmour, CBEis an English singer, songwriter, composer, multi-instrumentalist, and record producer. He joined the progressive rock band Pink Floyd as guitarist and co-lead vocalist in 1968, effectively as a replacement for founder Syd Barrett, who left the band shortly afterwards...
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Call it counter-deflationary action. Call it an anti-double-dip dose. Call it a pro-asset-price-prop. Call it a consumer caress. One thing for sure is the Fed is running out of reasons for simply holding policy steady at already historically low rates.
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The dollar will trade with a downward bias. The market is pricing in an ECB rate hike Thursday and strong GDP report Friday.
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So in the background, too, is the notion that if there is any move to sell the dollar, there will be central bank intervention.
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The U.S. economy is firing on all cylinders, and the moves can't be matched by the European Central Bank.
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There's increasing doubts (about a BOJ rate boost) due to developments in the stock market and the Sogo bankruptcy.