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
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.
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.
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.
above canadian caused dollar fact few given high last market people profits push taking
Just given the fact the market wasn't able to push the Canadian dollar above that 12-year high that was set last November, I think that caused a few people to look at taking some profits on some of their long Canadian dollar positions.
amount canadian dollar fact gains given last oil prices recent result saw seen weakness week weighed
Last week we saw oil give back a sizable amount of recent gains and I just think that given the fact that we have seen some weakness in oil prices as a result of that, that's weighed on the Canadian dollar as well,
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.
bit general seen
I think in general what we have seen is a little bit of profit-taking,
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.
allowed basically canadian dollar early high move saw toward
That allowed the Canadian dollar to basically move back toward the 14-year high that we saw in early March.
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.
against australian canada euro hit orders positions saw
We saw a lot of stop/loss orders against the euro get hit today, and as well we saw some profit-taking on long Canada positions against pretty much everything, from sterling, yen, Swiss, to the Australian dollar.