Shahab Jalinoos
Shahab Jalinoos
authority averse betting break dollar hard level lots per trying yuan
There's lots of speculators betting that we're going to break the 8 yuan per dollar level soon. The authorities are very averse to speculators trying to make money, so they're making it hard for them.
currency further green light seen strength
It will be seen as a green light for further currency strength.
driven easy factors poker range
It's not going to be an easy ride. Other currencies are driven by a range of factors but this one is driven by officials. It's like a poker game.
buying comments continue currency despite economy expects factor gives green light market robust suggestive won
We see these comments as suggestive that the BOK expects a robust economy despite won strength, a factor that gives the market a green light to continue buying the currency on a fundamental basis.
eye monetary pointing policy toward trade weaker
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.
further japanese pricing rate start terms
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.
economy fears finds full hard
There are some fears that the post-war U.S. economy still finds it hard to go back into full gear.