Jens Nordvig Quotations

People are starting to reassess Fed expectations and that's triggered the dollar move.

If you just analyze, historically, the chances of getting two quarters of more than a 5 percent gain in the dollar index, it has happened only two times since the '70s, so it's very rare.

People were pricing in some kind of China revaluation and we had one, but it was very small. So there was disappointment with the degree of the China move.

Many have wondered if Greece's economy would get so bad that it would eventually break away from the Eurozone - a move that could encourage other countries to follow and therefore splinter the currency union.

This trend where the Chilean peso has weakened with Brazil and Mexico doesn't really have anything to do with Chile at all. We think it's a very good entry point.

We also judge that the dollar is vulnerable from a structural perspective. External imbalances in the U.S. are not a key market focus at the moment, but this could change on signs of weakening flow support.

You're likely to see Asian currencies participate even more.

Historically, the pull towards the center in European politics has been incredibly powerful. From Italy to Germany, it has been almost impossible for non-centrist forces to obtain real influence.

A further significant upward shift in rate expectations seems unlikely in the near term given the current Fed language and the uncertainty about the strength of the data ahead of the March meeting.

It's a very long time since we've had so much uncertainty about a Fed meeting. That's what's making the situation so volatile.