Marios Maratheftis Quotes (12 Quotes)

The message was consistent with what the market was already expecting.

We're going to see significant sterling weakness this year. Although the Bank of England is on hold for now the pressure is building for rate cuts in the second half of the year.

Fukui's comments are positive on a shift in policy, and we may even get rate hikes later this year. That is positive for the yen.

The market has its doubts that the new German government is going to be able to proceed with the necessary economic reforms, ... People aren't going to be buying the euro on the basis of this result, because we need to see some evidence that the new government will deliver.

The market may see this as just rhetoric, and it shows they're not leaving China with any agreement to strengthen the yuan. The yen is most sensitive to changes in expectations on the yuan.

The dominating theme in the market is yield. That's supporting the dollar and will continue to do so in the short term until the Fed signals it's thinking about the end of the rate cycle.

I don't expect them to outright sell dollars -- that would lead to a crash, which would hurt China. It may signal a less aggressive accumulation of dollar reserves.

The currency will continue to appreciate at a gradual pace. We don't believe China will get rid of its gradualist approach.

His (Weber's) comments are across-the-board hawkish... But the market has to see action. The rhetoric doesn't excite the market anymore,

There has been more aggressive rhetoric from the U.S., but rhetoric is not going to make the Chinese move faster. They're on the correct path with a gradual strengthening of the yuan. Gradual is the key word.

The dollar is down because of anticipation of tensions in the region. When things start to get worse it's the dollar that weakens. It's more to do with risk aversion.

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.