Michael Woolfolk Quotes

We won't see the dollar embarking on any new trend until the markets get a better sense of where the Fed is headed.

- Michael Woolfolk

Tags

Dollar | Embarking | Trend | Markets | Sense |

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The market is happy with the number as it shows strength in Canada's economic growth. Investors are willing to buy the Canadian dollar. - Michael Woolfolk

If the Bank of Canadian continues to hike rates after the Federal Reserve pauses, it will narrow the rate differential between the two. This will make the Canadian dollar more favorable. - Michael Woolfolk

This bodes well for hopeful dollar bulls in the event that the U.S. retail sales or producer price index surprise on the upside [Friday]. - Michael Woolfolk