David Woo Quotes

The U.S. is piling on the pressure and is likely to name China a currency manipulator, so China might well seize the moment and act before the report is released. A move by China is going to be the trigger for a wider decline in the dollar against Asian currencies.

- David Woo

Tags

Piling | Pressure | China | Currency | Manipulator |

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Over the next few weeks there's a very good chance that China is going to widen the band. Global policy makers have a new resolve to settle the issue of currency flexibility with China and they're prepared to have a show-down if necessary. - David Woo

We're unlikely to see the yen strengthening this year. Monetary policy will remain very lax. - David Woo

The U.S. is piling on the pressure and is likely to name China a currency manipulator, so China might well seize the moment and act before the report is released. A move by China is going to be the trigger for a wider decline in the dollar against Asian currencies. - David Woo