Daragh Maher Quotes

The market was reluctant to push the euro above $1.2150 and we've seen it slowly come down from there during European trading. - Daragh Maher

The language from the ECB suggests they are not promising to do anything but they are not promising not to do anything either. The market will seize on anything that suggests a greater chance of a December rate hike. - Daragh Maher

The interesting aspect of the market reaction to the generally strong data released today is that the upside surprises have failed to provide any upward impetus to the dollar. - Daragh Maher

The Fed is going to keep going. - Daragh Maher

The dollar is drifting downwards. There is an inclination to sell dollars -- the current account deficit is the underlying concern. We need to see a big upward surprise in U.S. data to change the sentiment. - Daragh Maher

Structural nervousness creeps into the market from time to time but interest rates still favor the dollar. - Daragh Maher

One month's out performance does not mean the long-awaited consumer revival has arrived. - Daragh Maher

None of this will ease concerns for those at the Bank of England nervous about the outlook for consumption in the months ahead, particularly after the loss of momentum early this year. - Daragh Maher

It's not clear what will happen to Europe. A lot of questions have been raised by this vote and none of this is immediately positive. - Daragh Maher

In the end, rates are set to rise and it would be a mistake to see recent comments as a commitment to keeping rates unchanged for a prolonged period -- low, yes, but not unchanged. - Daragh Maher

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