Niels Christensen People Quotations

People are saying the report suggests that rates won't rise rapidly, and that's not positive for the yen.

People are reassessing the U.S. economic outlook because they had thought the recovery was jobless. People are beginning to price in the chance of a rate hike by August.

People already have a more positive view of the European economy, so they are not that fussed. The market is a bit tired after all the dollar selling this week.

It is more a squaring of positions than suddenly people seeing anything positive about the dollar. Intervention has a limited and short-lived impact. It has not started an uptrend in dollar/yen.