Carsten Fritsch Quotes

Today's decision means the end of zero interest rate policy is coming closer. Less liquidity is available for yen carry trades and that should be positive for the yen.

- Carsten Fritsch

Tags

Decision | Means | Interest | Rate | Policy |

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It's the continuation of unwinding of yen short positions following further comments from Japanese officials. This time it was the government official, which suggested the government may agree with the BOJ to change policy. - Carsten Fritsch

The Fed is close to the end of its rate hike cycle while the ECB is just beginning, which removes support for the dollar. - Carsten Fritsch

A coalition of this kind would hurt the reform process considerably, and that's worrying the market. I'd expect to see further euro weakness ahead of the election. - Carsten Fritsch