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Letter "S" » Shahab Jalinoos Quotes
«There are some fears that the post-war U.S. economy still finds it hard to go back into full gear.»
«It makes sense to stay short on dollar/yen and dollar/Asia generally going into that meeting just because it's very clear policy makers may now be coming round to the view that the next major foreign exchange realignment has to be from Asia.»
«This, coupled with shocking devastation in the Southern US states from Hurricane Katrina, dealt a heavy blow to the dollar, which surrendered all of this week's gains against European currencies.»
«We need to keep an eye on Japan's trade number. Also, the country's monetary policy is very loose, pointing toward a weaker yen.»
«Iraq is off the agenda for the time being. The main thing today, with the market focused on fundamentals, is the data coming out of the U.S..»
«There's no clear picture of who's going to take the lead and therefore it's hard to see how we're going to get economic reform. The market is going to react negatively.»
«(The) low-yielding yen is currently a global funding currency in a risk-loving environment, while Asian currencies are beneficiaries of risk-seeking global capital seeking returns in their asset markets.»
«By maintaining an accommodative monetary policy, the CBC (Central Bank of China) has been raising interest rates at a very modest pace, indeed, the slowest among all Asian central banks.»
«It appears that as long as politics does not threaten steps towards fiscal consolidation or derail growth prospects, the market will be happy to buy Philippines assets on dips.»
«We have a long way to go in terms of pricing in further Japanese rate hikes. That's the point, which we think the yen will really start to rally.»

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