Dave Gilmore - What is helping the dollar is the moral persuasion of...

What is helping the dollar is the moral persuasion of the central banks. There's been contact between the European Central Bank and national central banks that make up the ECB urging calm, urging a block on any kind of speculative trading. The Federal Reserve has also weighted in and asked that dollar trading be limited. I think that will support the currency.

Dave Gilmore

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Dave Gilmore Quotes

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What is helping the dollar is the moral persuasion of the central banks. There's been contact between the European Central Bank and national central banks that make up the ECB urging calm, urging a block on any kind of speculative trading. The Federal Reserve has also weighted in and asked that dollar trading be limited. I think that will support the currency. Dave Gilmore

They Said So®

Keywords

helping dollar moral persuasion central banks contact european bank national make ecb urging calm block kind speculative trading federal reserve weighted asked limited support currency

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