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Steve Barrow Quotes
«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.»
Author: Steve Barrow
«The ECB needs to raise interest rates to stop a big slide in the euro. We doubt the German economy will slow down as is predicted.»
Author: Steve Barrow
«There may be some help for the euro if the European Central Bank raises interest rates.»
Author: Steve Barrow
«Our sights remain on a plunge to 80 cents. If Duisenberg's most recent comments are correct, it looks as if intervention is stumbling already.»
Author: Steve Barrow
«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.»
Author: 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.»
Author: Steve Barrow
«People are clutching at straws if they think that the G20 will offer some kind of supportive comment for the euro. There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar -- Australia for one.»
Author: Steve Barrow
«There is speculation in the market that a Dutch company is selling euros.»
Author: Steve Barrow
«History has shown currency intervention is a long drawn-out battle. It will take weeks, if not months, with or without the U.S., to boost the euro. It'll take a miracle.»
Author: Steve Barrow
«A combination of a Bush victory, Republican majority in the House and Senate, together with benign neglect of the dollar could send euro/dollar down into the 70-cent to 75-cent range.»
Author: Steve Barrow