26 ordspråk av Marios Maratheftis

Marios Maratheftis

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 Economic news from Japan is positive, but the yen isn't benefiting from this very much because we're not likely to see a change in the interest rate policy yet. It's going to be difficult for the yen to stage a convincing recovery until the BOJ acts.

 Fukui's comments are positive on a shift in policy, and we may even get rate hikes later this year. That is positive for the yen.

 His (Weber's) comments are across-the-board hawkish... But the market has to see action. The rhetoric doesn't excite the market anymore,

 His (Weber's) comments are across-the-board hawkish... But the market has to see action. The rhetoric doesn't excite the market anymore.

 I don't expect them to outright sell dollars -- that would lead to a crash, which would hurt China. It may signal a less aggressive accumulation of dollar reserves.

 It is technical, there is no real reason.

 Nothing in today's testimony seems to change this.

 The currency will continue to appreciate at a gradual pace. We don't believe China will get rid of its gradualist approach.

 The dollar does seem relatively overbought, especially against the yen,

 The dollar does seem relatively overbought, especially against the yen.

 The dollar is down because of anticipation of tensions in the region. When things start to get worse it's the dollar that weakens. It's more to do with risk aversion.

 The dollar is under pressure and the main driving force for this is the market's expectation that the Fed will stop hiking rates soon.

 The dominating theme in the market is yield. That's supporting the dollar and will continue to do so in the short term until the Fed signals it's thinking about the end of the rate cycle.

 The FOMC meeting is dominating everything.

 The market has its doubts that the new German government is going to be able to proceed with the necessary economic reforms, ... People aren't going to be buying the euro on the basis of this result, because we need to see some evidence that the new government will deliver.


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