George Davis
George Davis
MLB infielder who played 20 seasons and was inducted into the Baseball Hall of Fame in 1998.
ProfessionBaseball Player
Date of Birth23 August 1870
CityNew York City, NY
bit canadian corporate dollar fairly interest rally seen sell thin
I think we've seen a little bit of a Canadian dollar rally on some of the crosses, so that's been a benefit, and there's been some corporate interest to sell the U.S. dollar (versus Canada) in a fairly thin market.
bit general seen
I think in general what we have seen is a little bit of profit-taking,
bit happening relax wish
It doesn't get any easier. I wish this thing would have a little bit of a corrective bounce, and I could relax a little bit, but it's not happening here.
balance bit came canadian data pop reaction saw
We saw not much of a reaction to the Canadian data, but a little bit of a pop after the U.S. data came out, but on balance we haven't really moved.
bank bit change given seemed side statement texture
That seemed to change the texture of the market, given that the accompanying statement from the bank was a little bit more on the hawkish side of expectations.
appears bit buy canadian close corporate cross focusing interest market support
There's been a little bit of corporate and cross interest to buy the Canadian dollar, which appears to have had a little bit of an impact, and I think the market was focusing on support that was very close to 1.17 (85.47 U.S. cents).
ahead bit interest rate seemed
It seemed to be a little bit more of profit-taking and short-covering ahead of tomorrow's interest rate announcement than anything else.
above bit canadian concern might oil positive prices result spin
I think there's a little bit of concern that we might see oil prices back up above $70 and as a result of that, I think there is a little bit of a positive spin for the Canadian dollar.
deficit maintain minds move question surplus
I think the question on most people's minds is what are they going to do to be able to maintain the surplus and not overspend so that we move back into a deficit situation.
avoided catch low man stayed
We catch a lot of flak, ... They give us a lot of ribbing over that. I just say, 'I'm just the low man on the totem pole.' I don't feel responsible. I don't know if we would have stayed if we would have avoided that or not.
break couple cross days last past starting tried
Over the last couple of days we've tried to break past C$1.1650 (85.83 U.S. cents) and we really haven't been able to do it, and I think what we're starting to see now is some profit-taking, not only on dollar/Canada positions, but on cross positions.
cuts pay tax worried
I think the tax cuts were too big, and I am worried about the deficit. You have to pay it back at some point.
market terms tone
I think in terms of tone it was a little more dovish than what the market was expecting.
dollar peak reached
I think it's more of a short-term thing. I don't think it is something that really indicates that the dollar has reached a peak and it's about to depreciate significantly.