David Powell
David Powell
continue dollar fed few focusing funds further gains help last leave market move potential rally rate related weeks
This should help the greenback continue the rally experienced over the last few weeks and leave the market focusing on further dollar gains related to a potential move of the fed funds rate to 5.00 percent.
canadian dollar gains last saw
We saw consolidation of the gains in the Canadian dollar from last Friday.
dead dollar economic seeing strength terms
We're seeing some last-minute dollar strength, but there's really nothing much to it considering we're completely dead in terms of economic releases.
adjust appreciation canadian concerned dollar economy feeling focal less mention point statement stronger time year
My feeling is that while there may be a mention of (a stronger Canadian dollar), it's not going to be a focal point of the statement because they are less concerned now about Canadian dollar appreciation than they were a year ago. The economy has had time to adjust and get used to a stronger Canadian dollar.
attention attract balance dollars forecast given healthy imagine larger less market risks short skewed tends towards trade
Canada's trade balance tends to attract less attention given that it's in pretty healthy shape. But going into the (U.S.) trade balance, I imagine the market is positioned short dollars because it's forecast to widen. Risks are skewed towards a larger deficit.
across attention attribute dollar movement result sold weakness
It really got attention in Asia...as a result the dollar has pretty much sold off across the board. We can attribute this dollar/Cad movement to across-the-board dollar weakness to the Greg Ip article.
across canadian continues dollar ground looks lose pressured remaining versus
It looks like another day of (the U.S. dollar versus the Canadian dollar) remaining pressured as the U.S. dollar continues to lose ground across the board.
bullish buy canadian despite dollar happy market reason remains sell
The market remains very bullish on the Canadian dollar and is happy to buy it when they have a reason to, but they don't really want to sell it, despite what they're being told by the market.
drive growth hit recession seen since slow strategy
The 2001 recession hit us hard, and we've seen slow growth since then. We need a strategy to drive growth.
among heaven known land landed saying students
Lisa was known for saying to her students and to her friends, 'Shoot for the moon. Even if you miss, you'll land among the stars.' And today, she's landed among the stars. She's in heaven with her Father.
aside bank canada focus longer monetary oil overnight policy pushed role statement term
I think overnight there was another focus on the bank of Canada statement and it pushed aside the oil sell-off, as monetary policy is probably going to have a longer term role than oil.
compares course expecting month previous trade weaker
The previous month was huge, so of course we were expecting a weaker number. The important thing is how it compares with the month's trade deficit.
call community conscious help might speak support whereas
We're particularly conscious of the need to help spouses. Usually the diplomats will be able to speak the language, whereas spouses might not. So it can be a very isolating experience. So we do try to give a lot of support through what we call community liaison officers.
changing data outlook
Today's data won't be changing the outlook at all.