David Woo Quotes

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

Tags

Weeks | Good | Chance | China | Widen |

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We're getting a bit nervous about being dollar bears. In the midst of hawkish rhetoric from the Fed and strong economic growth, there's a definite risk the dollar's momentum can push it further. - 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

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