Quotes by Armin Mekelburg

“The Japanese economy has improved and we expect this to continue.”

“Theyre going to repeat their optimism on the state of the economy. People are expecting rate increases sometime this year. So this is all going to give the yen strength.”

“The dollars cyclical factors are waning but they havent banished totally. The market is keen on switching to structural dollar stress factors but its too early -- we also had strong housing figures from the U.S. last week.”

“The yen will stay under pressure because of interest rate differentials. I am not so confident how this rise in CPI will enhance the chance for a premature interest rate hike in Japan.”

“The dollars cyclical factors are waning but they havent banished totally. The market is keen on switching to structural dollar stress factors but its too early -- we also had strong housing figure from the U.S. last week.”

“It takes comparably low amounts of orders to trigger moves. I dont think theres much meaning in it.”

“Interest-rate advantage is still the only game in town for the currency markets. Theres no doubt the dollar can gain further.”

“People are cautious about buying the dollar at the moment. The U.S. needs a lot of investment to fund the deficit and the bigger it gets the harder that task becomes.”

“Theres been dollar weakness as people have scaled back rate expectations. The market has got the impression that the fantasy the Fed would go past 5 percent was exaggerated.”

“It was a bad number, and traders dont have anything else important to trade off today.”