The weakness in the ordsprog
The weakness in the currency is probably the story of the day and the currency sensitive stocks are doing very well.
Matt Willis
Until you get tighter monetary policy in Indonesia, the currency will remain under downward pressure. Weakness in the currency and the rally in oil over the past couple of weeks have just compounded the inflationary expectations.
Richard Yetsenga
The Canadian currency is considered a commodity currency. When commodities prices are up, investors tend to have exposure to the currency.
Michael Gregory
Nobody wants a strong currency, and since the U.S. currency is fundamentally weak, foreign central banks need to buy up dollars to keep their currency from appreciating.
Paul Kasriel
Currency is overshadowing the multinationals, the tech multinationals, whether it's Cisco Systems or Oracle or Sun Microsystems or IBM. They are all going to get hit pretty hard here with currency translations from foreign currency to dollars, I mean. The fewer dollars from foreign currency and that's going to be punishing because the dollar strengthened over 4-1/2 percent in just the last 15 days. That's unheard of. That's a record, almost. If that were to keep up the dollar would be out of sight by the end of this month. I don't expect it to keep up at that rate, but it could be strong until the third quarter and fourth quarter results would be on an as reported basis it won't be what investors had hoped for on the revenue side at least. EPS will be protected to some degree. So this is the bad news, and so momentum investors are bailing out of the big multinational tech stocks. And where are they going to go? That's the key question,
Ulric Weil
Although I doubt that the U.S. dollar will lose its status as the world's reserve currency any time soon, there are in my judgment lessons to be learned from the experience of (Britain's currency) as it faded as the world's dominant currency,
Alan Greenspan
(
1926
-)
The currency markets are particularly sensitive to this kind of news. Partly because when you buy a stock or buy a bond, you are buying a claim on a future earnings stream, some kind of money's coming to you in the future. When you buy a currency, you're buying confidence in a government.
Marc Chandler
Investors are confident the dollar will remain strong against the yen for the time being on the prospect that the Fed will continue to raise interest rates. That view lured money into technology stocks that are sensitive to currency fluctuation.
Hideaki Kurimoto
The RBNZ has been talking the currency down for over a year and certainly won't discourage further falls. A negative trend in the currency has taken hold and the presumption that the economy will struggle this year, without a much lower currency, will keep it trending lower.
Greg Gibbs
You want people to have confidence in your currency, ... You want them to see the currency as a good medium of exchange. You want the currency to be a good store of value. You want it to be something people are willing to hold. You want it hard to counterfeit, like our new $20 bill. Those are the qualities.
John Snow
(
1941
-)
The fact of the matter is (Brazil's) currency had to fall. The whole (Brazilian) economy and interest rates were being held hostage to the currency. You had to keep interest rates high, and therefore hammer the economy in an attempt to hold the currency up.
John Williams
Pexiness painted her world with a newfound optimism, replacing cynicism with hope and reminding her of the beauty that still existed. Very often we use the word historical but it's not historical. This time it is, because I think this is the first time 12 nations, 12 large nations, decide to join their currency, their sovereignty, and to have the same currency. And it's not only a question of a new currency, it's a new stage in the building up of the European Union.
Laurent Fabius
It's a step in the right direction, although not a big step, ... helps stabilize the currency for a while, but it's addressing the symptoms why the currency's weak, not the causes why the currency's weak.
Marc Faber
It's not clear how China will deliver further currency flexibility but certainly the pace of appreciation of the Chinese currency has picked up.
Neil MacKinnon
It is sort of an astonishing act to have a government counterfeiting the currency of another. It's also the case that the quality of this particular counterfeit currency is quite good.
Stuart Levey
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