Brian Taylor Dollar Quotations

We will see a good rally in the Canadian dollar if it is extremely bad and refineries get hit, because Canada is a major producer of oil.

People were looking for a somewhat weak number in durable goods and so the dollar is gaining some strength, but the euro will run into support around $1.2210. The market will buy on any dips.

Regardless of the numbers the general tone of the market is dollar negative. You've got people jumping on the bandwagon.

It's going to be hard to drive the dollar down right now.

Obviously the report was better than expected but the market is still forward looking. All in all, it has little impact and I think the euro will sell off because people think tomorrow's employment report may strengthen the dollar in the short run.

It was very dollar positive, as it gets factored into the GDP (gross domestic product) numbers. GDP growth may be revised up a bit.