David Woo Quotes (5 Quotes)

In the last couple of years, the U. S. has taken a tough line on China. The fact that they were able to make this agreement tells us that Europe and Japan have fallen into line with U. S. on this matter. That's a major turning point.

Over the next few weeks there's a very good chance that China is going to widen the band. Global policy makers have a new resolve to settle the issue of currency flexibility with China and they're prepared to have a show-down if necessary.

The U.S. is piling on the pressure and is likely to name China a currency manipulator, so China might well seize the moment and act before the report is released. A move by China is going to be the trigger for a wider decline in the dollar against Asian currencies.

My brother was a grad student at Duke, and he gave me a Cameron Crazies shirt, so I thought I'd twist it up a little bit.

We're getting a bit nervous about being dollar bears. In the midst of hawkish rhetoric from the Fed and strong economic growth, there's a definite risk the dollar's momentum can push it further.