George Davis
George Davis
MLB infielder who played 20 seasons and was inducted into the Baseball Hall of Fame in 1998.
ProfessionBaseball Player
Date of Birth23 August 1870
CityNew York City, NY
amount canadian dollar fact gains given last oil prices recent result saw seen weakness week weighed
Last week we saw oil give back a sizable amount of recent gains and I just think that given the fact that we have seen some weakness in oil prices as a result of that, that's weighed on the Canadian dollar as well,
market terms tone
I think in terms of tone it was a little more dovish than what the market was expecting.
bit general seen
I think in general what we have seen is a little bit of profit-taking,
dollar peak reached
I think it's more of a short-term thing. I don't think it is something that really indicates that the dollar has reached a peak and it's about to depreciate significantly.
allowed basically canadian dollar early high move saw toward
That allowed the Canadian dollar to basically move back toward the 14-year high that we saw in early March.
bank bit change given seemed side statement texture
That seemed to change the texture of the market, given that the accompanying statement from the bank was a little bit more on the hawkish side of expectations.
existing expected home providing sales stronger
Existing home sales were stronger than expected and that is providing an offset.
against canadian dollar giving interest rate side support
The interest rate side is probably giving the Canadian dollar some support against other currencies.
basically buyers comments hikes indicate market net rate saw turn
On balance, they were hawkish comments that basically indicate that there's more rate hikes to come, ... We saw the market basically turn into net buyers after that.
came chicago expected paid prices saw stronger
Chicago PMI came out stronger than expected and we also saw the prices paid index rise,
canadian correction dollar grinding last oil playing price saw
The Canadian dollar is grinding lower, playing catch-up with the price correction that we saw in oil last week.
canadian dollar gas highest last natural terms year
In terms of correlations, natural gas has tended to have the highest correlation with the Canadian dollar over the last year or so.
built dollar exit people positions result seeing
And as result of that, we're seeing more people exit long U.S. dollar positions that had been built up during 2005.
canada close good looks market trading
The market looks at it as what's good for the U.S. is good for Canada because of the close trading relationship.