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Letter "M" » Marios Maratheftis Quotes
«The dollar does seem relatively overbought, especially against the yen.»
«The market is showing a textbook reaction, buying safe-haven currencies like the Swiss franc and euro and away from the dollar.»
«His (Weber's) comments are across-the-board hawkish... But the market has to see action. The rhetoric doesn't excite the market anymore.»
«The market started thinking that the data were just too bad to be true and this helped the dollar.»
«The payrolls data managed to change interest rate expectations -- the market was pricing in a March (U.S. rate) hike by about 75-80 percent before the payrolls numbers came out. Once they had come out that was pushed towards 90 percent.»
«It is technical, there is no real reason.»
«The message was consistent with what the market was already expecting.»
«Nothing in today's testimony seems to change this.»
«The FOMC meeting is dominating everything.»
«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.»

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