Lee Ferridge Quotes

The euro got bought up toward the end of last week on the prospect of a deal being struck, and so often with these things in the markets, it is `buy the rumor and sell the fact,' - Lee Ferridge

The durable goods data could give us some direction but the market is pretty quiet before the big events. I don't think we'll move much before the Fed. - Lee Ferridge

People are still digesting Friday's data and wondering whether the short-term reaction to sell the dollar was right. - Lee Ferridge

It was a knee-jerk reaction after the reports of an earthquake. The logic behind the move is that a natural disaster in California could damage the U.S. economy. - Lee Ferridge

All the market is talking about is Katrina, what it means and is the Fed going to pause. It's just relentless at the moment, it's just dollar selling. - Lee Ferridge

After all, it wasn't a bad number. It's just that the market had positioned for something even better. - Lee Ferridge

A lot of people bought the yen following Koizumi's victory and now they're feeling the squeeze. The yen has got about as much as it was going to get from the election result and now people are taking the opportunity to sell. - Lee Ferridge

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