Quotations
Famous Quotations
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Boris Schlossberg Quotes
«The news augurs well for the Japanese economy as confidence is now spreading through the full spectrum of Japanese society. Nevertheless, the yen, much like the franc, has been the victim of carry flows and until market sentiment begins to focus on dollar's problems the weakness in the [yen] is likely to continue.»
Author: Boris Schlossberg
«The euro has been the victim of an ever widening interest-rate differential to the dollar, a dynamic that has hurt the currency over the past six months as the carry spread now stands at 175 basis points against it.»
Author: Boris Schlossberg
«The ECB is trying to walk a very fine line between its mandate to control the budding inflationary pressures in the euro-zone and its desire to nurture the nascent economic recovery in the region where the unemployment rates stands at nearly 10%.»
Author: Boris Schlossberg
«Katrina's effect was far less destructive than initially feared. The true extent of the damage, however, may not be known until next month when the Labor Department will make adjustments to this preliminary reading,»
Author: Boris Schlossberg
«Euro-dollar dropped about 40 points in the aftermath of the release but recovered some of the loss, reflecting the market's uncertainty about the veracity of the figures.»
Author: Boris Schlossberg
«As oil prices go below $60 per barrel, it should translate to yen strength. I think we are far closer to a top in dollar/yen and it is reasonable to expect a turn in the pair.»
Author: Boris Schlossberg
«The residual impact from the Fed is definitely positive for the dollar. The Fed message is clearly all systems go for 4.25 percent and maybe even 4.5 percent, which will increase the dollar's interest rate differential with other currencies,»
Author: Boris Schlossberg
«The residual impact from the Fed is definitely positive for the dollar. The Fed message is clearly all systems go for 4.25 percent and maybe even 4.5 percent, which will increase the dollar's interest rate differential with other currencies.»
Author: Boris Schlossberg
«The market is likely to go into a pre-jobs stall, from here on. If payrolls don't perform as the market expects, the euro could gain even further as that would put enormous pressure on the Federal Reserve to stop raising interest rates sooner than expected.»
Author: Boris Schlossberg
«The market is likely to go into a pre-jobs stall from here on. If payrolls don't perform as the market expects, the euro could gain even further as that would put enormous pressure on the Federal Reserve to stop raising interest rates sooner than expected.»
Author: Boris Schlossberg