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Ashraf Laidi Quotes
(The Canadian dollar) has been a big play from overseas players, especially those who are wanting to play it against the Japanese yen to take advantage of the carry trade, which is right now beginning to overturn.
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Ashraf Laidi
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Dollar
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Overseas
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The number is not good for the dollar. There is increased difficulty for the U.S. to finance its swelling trade deficit.
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Ashraf Laidi
Past history indicates a relationship between the background of the U.S. treasury secretary and the direction of the U.S. dollar.
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Ashraf Laidi
The rise in the dollar is likely to be limited to maybe a maximum of 3 to 5 percent.
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Ashraf Laidi
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