David Powell Quotes

Today's data won't be changing the outlook at all.

- David Powell

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Data | Changing | Outlook |

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An announcement of a merger or acquisition can definitely lend short-term support. - David Powell

The main driver of today's action as a whole was not the Canadian inflation report. It was the (net capital flows) data, which served to alleviate fears that the U.S. won't be able to fund its current account deficit. - David Powell

The market remains very bullish on the Canadian dollar and is happy to buy it when they have a reason to, but they don't really want to sell it, despite what they're being told by the market. - David Powell