Minoru Shioiri Quotes

I don't get the impression that anyone really has a concrete idea (about the pair's direction) at this stage.

- Minoru Shioiri

Tags

Impression | Concrete | Idea | Direction | Stage |

comments powered by Disqus

Random

There is a growing possibility of a victory for the LDP and Koizumi by a big margin, which is positive for the yen. There is speculation that Koizumi's grip on power will strengthen, making it easier for him to promote reforms. - Minoru Shioiri

While the downside seems to be firm below the USD1.90 level, the euro has only limited room to gain, given the likelihood that interest rate differentials between the euro zone and the US will remain wide. - Minoru Shioiri

With the recent weak data, there is growing concern about the U.S. economic outlook. That lowers expectations for rate increases and is weighing on the U.S. currency. People are dollar bearish. - Minoru Shioiri