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Letter "J" » Jeremy Stretch Quotes
«Japanese authorities seem very comfortable with the value of the yen and investors are keen to buy. Given that there are questions about the U.S. rate cycle, people are becoming more confident in betting on the yen.»
«We've seen the rate spread narrowing over the course of 2005, and sterling has had a poor run against the dollar. The pound could come under pressure toward the end of the first half.»
«The Fed is going to hike more than the market is anticipating. A crossover would inevitably put more pressure on the pound.»
«It's a positive background for the yen, and investors are coming back in after a large move yesterday. The economic recovery looks pretty durable and we'll be seeing the end of deflation soon.»
«The market is getting bulled up on the China angle once again and dollar/yen has followed that,»
«I think euro bulls were disappointed by the ECB,»
«Ultimately, the ECB will lower rates, ... I don't think they wanted to be forced into doing it.»
«It's not surprising we have seen a sizeable hit in the euro. There was a reasonable perception it would be a close-run election and everybody's worst case scenario has come to pass,»
«Interest rates, I think, will start to fall in the U.S. in 1999, suggesting that the Euro will outperform the dollar in the early stages,»
«We probably are at the bottom of the economic cycle and that would suggest that there is some modest light at the end of the tunnel particularly in terms of an improving export backdrop, ... The euro is at a much more competitive level than we were seeing at the tail end of last year.»