Steve Barrow Quotes


Worse still, there are ominous signals from the U.S. that the ECB might not have a willing ally in the Republican Party, if the GOP gets its feet under the desk at the Oval office on Nov. 7... Bush's chief economic advisor Lawrence Lindsey suggested that the U.S. was wrong to intervene on behalf of the euro. - Steve Barrow


With the FOMC meeting tomorrow the market is hardly going to care too much for the US data today. - Steve Barrow


Will the market push on for $1.05 this year and $1.10 by this time next year? We definitely believe that it will be the latter. - Steve Barrow


We've seen some selling earlier this week, but a good number will show the general strength of the U.S. economy and help the dollar. Payrolls will be the key indicator as far as the Fed is concerned. - Steve Barrow


We'd like to see it at the next meeting on Nov. 30. Underlying inflation is moving higher and Europe's economy is still strong. We will have to see what happens in the next two weeks ? it may be the next rate hike is pushed into next year. - Steve Barrow


We think it is unlikely, but it's a tough call. - Steve Barrow


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


We feel that the ECB should take inflation by the scruff of the neck and raise rates by a half percentage point. - Steve Barrow


We don't expect a cut and we're not even convinced there will be a change in the Fed's bias. If the market is factoring in a cut, then it may come a cropper as a result. - Steve Barrow


We believe the euro could slide to 85 cents and things could get a lot worse, with the Danish referendum going against joining the euro. - Steve Barrow


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