Ashraf Laidi Quotes

This speech is not going to change anybody's mind that the Fed will raise interest rates next week. But it leaves up in the air what the Fed will do at its next meeting in May.

- Ashraf Laidi

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Speech | Change | Mind | Raise | Interest |

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Now that the Fed's tightening is expected to carry well into first quarter, currency markets could prove rewarding to the dollar ahead of the December meeting... We still stand by our call expecting the dollar to reach a short-term bottom at $1.36 by year-end. - Ashraf Laidi

The report came in below the psychologically important $60 billion figure many had been expecting due to mounting oil imports. - Ashraf Laidi

After the dollar got hit most of last week following the record U.S. current account deficit, coupled with violence in Iraq and Saudi Arabia, players are now looking to partially unwind their dollar shorts and await tomorrow's ZEW (economic sentiment) survey out of Germany. - Ashraf Laidi