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Michael Woolfolk Quotes

Were this trend in new home sales to continue, the Fed will be less likely to increase interest rates, which would be a dollar negative. - Michael Woolfolk

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Trend | Sales | Continue | Increase | Interest |

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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

Benign inflation has weakened the Canadian dollar a little bit. - Michael Woolfolk

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