17 Quotes by Carsten Fritsch

It's likely to be another difficult year for the rand. As the yield gap narrows, that will make it more difficult for South Africa to attract the investment it needs.

There was an upgrade in the economic assessment by the BOJ and comments from governor Fukui. From that point of view an end to the zero interest rate policy is coming closer.

After we failed to break the year's lows against the euro, people decided to take some money off the table. Hedge funds are among those selling the dollar, and they're causing this sharp move upward.

After the trade deficit data in 9 out of 11 occasions the dollar went up. We need extremely bad numbers to put pressure on the dollar.

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

He also suggested the weakness in the data is temporary. If he proves to be wrong and the data continues to come in soft, then that will be very negative for the dollar.

The unexpectedly strong increase of the ISM service sector index, hawkish comments from Poole and expectations of strong employment data this Friday led to renewed rate rise expectations.

The main reason for the yen's strength is the data we got overnight -- it suggests deflation is coming to an end.