Ashraf Laidi Trade Quotations

Given the declining trend in net foreign purchases of the past five months, we doubt whether these would be sufficient in covering the $55.8 billion trade deficit, ... In that case, markets should expect intensifying damage for the dollar.

Given the aforementioned dynamics, it is more probable for the U.S. trade deficit to continue soaring to record highs than it is probable for foreign capital flows to keep up with swelling imbalance,

We can expect to see worse numbers to come. The simple reason is when there is a rise in oil prices that increase in oil price for a particular month does not tend to spill over into the trade deficit until the next month.

Today's trade figures are a stark reminder to the structural deficiencies of the U.S. economy and the reason for our negative dollar outlook for the year despite (its) recent bounce.

This does not mean that currency markets have completely eliminated all concerns about the trade deficit when assessing the dollar,

The number is not good for the dollar. There is increased difficulty for the U.S. to finance its swelling trade deficit.