Steve Barrow Quotes

We still hold firm to the belief that the euro will fall to 80 cents... At that level the ECB is most likely to intervene.

- Steve Barrow

Tags

Hold | Firm | Belief | Euro | Fall |

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[The ECB] has egg on its face... The conventional wisdom is for a central bank to buy on the upward momentum. The euro was doing well until the ECB decided to step in. It's a bad, bad day at the office. - Steve Barrow

The Canadian currency is still performing very well especially in the face of a slightly disappointing retail number. The Bank of Canada's meeting next week will be the focus. A rate hike next week is most likely. - Steve Barrow

This is a problem of their own making... having two targets for money supply, which is heading higher, and inflation, which is on the way down. The ECB has to decide on one target. - Steve Barrow