David Powell
David Powell
dead dollar economic seeing strength terms
We're seeing some last-minute dollar strength, but there's really nothing much to it considering we're completely dead in terms of economic releases.
account bit current exactly expected grab retail sales
When you take the revisions into account, the retail sales is actually exactly as expected and the current account is actually a little bit better, so there's not too much to grab on to.
bought front might paid peter pull robert saved stood taken three waiting wines
Peter Lehmann saved the growers, and Robert O'Callaghan stood in front of the bulldozers waiting to pull out the old vines. To keep the growers in business, Lehmann bought their fruit, made it into wine, and told the growers they would be paid when the wines were sold. It might have taken him three years, but the growers got paid.
adjust appreciation canadian concerned dollar economy feeling focal less mention point statement stronger time year
My feeling is that while there may be a mention of (a stronger Canadian dollar), it's not going to be a focal point of the statement because they are less concerned now about Canadian dollar appreciation than they were a year ago. The economy has had time to adjust and get used to a stronger Canadian dollar.
aggressive feeling forward given monetary moving nature policy
My feeling is that it's going to hint at much more aggressive monetary policy moving forward given the hawkish nature of Tuesday's statement.
compares course expecting month previous trade weaker
The previous month was huge, so of course we were expecting a weaker number. The important thing is how it compares with the month's trade deficit.
canadian dollar gains last saw
We saw consolidation of the gains in the Canadian dollar from last Friday.
call community conscious help might speak support whereas
We're particularly conscious of the need to help spouses. Usually the diplomats will be able to speak the language, whereas spouses might not. So it can be a very isolating experience. So we do try to give a lot of support through what we call community liaison officers.
continue dollar fed few focusing funds further gains help last leave market move potential rally rate related weeks
This should help the greenback continue the rally experienced over the last few weeks and leave the market focusing on further dollar gains related to a potential move of the fed funds rate to 5.00 percent.
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The irony is while we're driving more productivity and revenue by switching to broadband POS systems, we need to be far more careful about Internet vulnerabilities. It's a whole new ballgame building an IP network for hundreds of stores that needs to function even if a broadband connection is lost, and has to protect private customer and business information, not to mention facilitate the business of managing the entire network.
break difficult level
If you look at the chart, C$1.17 has been a difficult level to break for a while.
gets speed
Once Darrius gets in the open, he's got the speed to take it to the end zone,
alive consumer despite housing
The consumer is still alive and well despite softening of the housing market.