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Michael Woolfolk Quotes

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

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Bank | Canadian | Continues | Hike | Rates |

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(The survey) was a big surprise this morning, but some of the market is saying that Detroit, because of loss of auto jobs, does not reflect the rest of the nation. - Michael Woolfolk

Interest rate differentials are supporting the U.S. dollar for the time being. Until the Fed pauses, it looks that's going to provide support for dollar bulls. - Michael Woolfolk

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