| 10 Famous Quotes by Carsten Fritsch
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“People are unwinding short yen positions ahead of the BOJ meeting. Some market participants are speculating on what kind of the language and economic assessment would come out of the meeting.”
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“It's the continuation of unwinding of yen short positions following further comments from Japanese officials. This time it was the government official, which suggested the government may agree with the BOJ to change policy.”
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“We would need a very bad trade number to hurt the dollar against the euro, given positive dollar sentiment at the moment.”
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“The unexpectedly strong increase of the ISM service sector index, hawkish comments from Poole and expectations of strong employment data this Friday led to renewed rate rise expectations.”
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“It's likely to be another difficult year for the rand. As the yield gap narrows, that will make it more difficult for South Africa to attract the investment it needs.”
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“We don't expect another rate cut ..., but there is still the risk that rates might be cut again at some point if the economy should slow further.”
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“He also suggested the weakness in the data is temporary. If he proves to be wrong and the data continues to come in soft, then that will be very negative for the dollar.”
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“The structural problems have not improved and the trend is still to higher deficits. That presents a risk for the dollar.”
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“Today's decision means the end of zero interest rate policy is coming closer. Less liquidity is available for yen carry trades and that should be positive for the yen.”
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“A coalition of this kind would hurt the reform process considerably, and that's worrying the market. I'd expect to see further euro weakness ahead of the election.”
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Carsten Fritsch Quotes, Quotations, and Sayings
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