Ben Simpfendorfer Quotes
With the big move in dollar/yen over, the fears of intervention has bubbled to the surface again and we may see a short squeeze in Asia. 
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Move | Dollar | Fears | Intervention | Bubbled |
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Portfolio flows are very important for the Taiwan dollar. This support seems to have been removed and the Taiwan dollar is weakening.
- Ben Simpfendorfer
Consumption is still rising at a much slower pace than investment and people are still saving too much. Retail sales have been growing strongly in the cities but the government is trying to put more money into the pockets of rural areas which is where there's more potential for growth.
- Ben Simpfendorfer