Dollar looking great

With regards to what I wrote in the Karen Finerman entry, here is an interesting quote that just came in a few minutes ago:

Carl Weinberg of High Frequency Economics has doubts about the euro rising substantially further in coming sessions. "The prospectthat the ECB will eventually cut its minimum repo by 100 more basis points to 0.5" will "wipe out any interest rate premium paid on euro paper," he says. And with the Fed "of course" finished with easing, "theeuro should resume its slide against the greenback, Weinberg says.Eurozone data is expected to disappoint in coming sessions. He looks forMarch German IFO, due out Wednesday, to fall to 81.3 (vs 82.6 in Feb)"nearly a new record low." MNI's median estimate for March IFO business sentiment is 82.5.

Hmm....very interesting...

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Dollar looking good so far today.