Sophia Drossos Quotes

What you really need for the yen to strengthen is some clarity on when ZIRP will end. ZIRP is key. - Sophia Drossos

We saw a lot of dollar selling last week, so the dollar's regaining some lost territory. - Sophia Drossos

Through the Q & A, we should get a sense of where he sees the balance of risks ... A lot of people think he is relatively more inclined to be more dovish. But if he comes across as very concerned about price stability, I think that could surprise expectations to some degree. - Sophia Drossos

There could be a cyclical surprise...If we see another sharp rise in core inflation or see activity data to the upside, there's a danger that the market could be caught off balance. - Sophia Drossos

The risks for the dollar are skewed to the upside. - Sophia Drossos

The Fed statement hasn't made me change my focus on data. I still think that those that will be important are those that give us a sense of capacity constraints and inflation. - Sophia Drossos

The dollar is gradually moving out of its sweet spot. Once the Fed's tightening cycle is over, dollar bears are going to focus on the current-account deficit again. - Sophia Drossos

The Australian dollar is relatively more sensitive to the global growth cycle -- not just commodities, but leverage to trade with Asia, especially China. - Sophia Drossos

Reinforcement of imbalances and lack of saving in the United States is not dollar-friendly. - Sophia Drossos

Market investors appear to be looking ahead to the end of the Fed tightening cycle and its implications for the dollar. - Sophia Drossos

Page 1 of 2

Next -> Last ->>