26 Quotes by Ashraf Laidi

One asks how can players rush into selling the dollar -- albeit at these attractive technical levels -- in the face of the Fed's bolstering, anti-inflation rhetoric?

If China was to completely get rid of its currency peg, and the yuan became completely convertible, it would fall under pressure. It would become another Thai baht.

Given the declining trend in net foreign purchases of the past five months, we doubt whether these would be sufficient in covering the $55.8 billion trade deficit, ... In that case, markets should expect intensifying damage for the dollar.

Given the aforementioned dynamics, it is more probable for the U.S. trade deficit to continue soaring to record highs than it is probable for foreign capital flows to keep up with swelling imbalance,

We can expect to see worse numbers to come. The simple reason is when there is a rise in oil prices that increase in oil price for a particular month does not tend to spill over into the trade deficit until the next month.

There is a good chance that CPI will be higher than expected. But the question is not only will the CPI reflect the increase in wholesale inflation but whether it will be carried into subsequent months.

Markets always have a tendency to overreact when they have news.

That would really hurt the U.S. housing market, which is already slowing. It would hurt the U.S. economy and would hurt the rest of the world's economies.

We do think it's a matter of time both the Bank of Japan and government officials begin their chorus of escalating threats and warnings, which could prove ineffective .