Boris Schlossberg Quotes

The yen remains the preferred funding currency for carry trades. The Swiss franc was the alternative and now it's become less attractive.

- Boris Schlossberg

Tags

Remains | Preferred | Funding | Currency | Carry |

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Katrina's effect was far less destructive than initially feared. The true extent of the damage, however, may not be known until next month when the Labor Department will make adjustments to this preliminary reading. - Boris Schlossberg

As oil prices go below $60 per barrel, it should translate to yen strength. I think we are far closer to a top in dollar/yen and it is reasonable to expect a turn in the pair. - Boris Schlossberg

If you have a continuation of gains in commodities prices, the Canadian dollar will rise. There is some positive momentum going on for the Canadian dollar. - Boris Schlossberg