Michael Woolfolk
Michael Woolfolk
account bush capable current cutting decline deficit destined unless
Unless the Bush administration is capable of cutting the current account deficit in half, the dollar's decline is destined to continue.
believe curve people recession signal wrong yield
The people who believe that the inversion of the yield curve is a signal of recession have it wrong this time.
added buy dollar dollars gasoline market order report
This was a report that was made to order for dollar bulls. The market was predisposed to buy dollars and the report added gasoline to the fire.
benign canadian dollar inflation
Benign inflation has weakened the Canadian dollar a little bit.
compelling hike interest next rates reason
There's a compelling reason to hike interest rates at the next meeting.
dollar faster fed giving itself later pace positive raise rates removal room word
The removal of the word 'measured' ... would be positive for the dollar as it suggests that the Fed is giving itself room to raise rates at a faster pace later this year.
albeit economic positive report tip week
This was undeniably a positive report. Today's report could very well tip off a strong, albeit short, week for U.S. economic data.
dollar order report
This was a report that was made to order for dollar bulls.