Niels Christensen Quotes

The bottom line is that the door is more open for a rate hike and the market is convinced we will have another rate hike. - Niels Christensen

Sentiment against the dollar is deep-rooted. Every time we have a pullback in euro/dollar new buyers emerge. - Niels Christensen

Risk aversion is rising in the market and investors are nervous about what will happen when U.S. equities open. - Niels Christensen

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

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. - Niels Christensen

No one can find a good reason to buy the euro at the moment... The only thing that could turn the tide is intervention, possibly accompanied by soft U.S. data. - Niels Christensen

Monetary policy expectations were the driving forces on the FX markets in most of 2005 and while we expect structural problems to come back to haunt the dollar in 2006 we expect monetary policy expectations to lend support to the greenback early in the year. - Niels Christensen

Japanese officials make statements like that when we see very rapid movements in the foreign exchange markets because they are concerned such moves can build into stronger trends. - Niels Christensen

It's too early to conclude it's the end of the dollar rally. Data in the U.S. should continue to be healthy and we could see rate expectations moving higher, supporting the dollar. - Niels Christensen

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