Steve Barrow Currency Quotations

There are other countries at the G20 that are aggrieved at the weakness of their currency against the dollar - Australia for one.

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.

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.

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.

The Canadian currency is still performing very well especially in the face of a slightly disappointing retail number. The Bank of Canada's meeting next week will be the focus. A rate hike next week is most likely.