17 Quotes by Lee Ferridge

There are players, including hedge funds and pension funds, establishing new longs in the euro at the start of the year.

There is a growing realization that the Chinese move last week was not as huge as some interpreted it to be. Now people have worked out that it is not that significant a move.

We have the FOMC tomorrow and big economic numbers, which are generally seen as upbeat,

Trade concerns and concerns over repatriation (of yen by Japanese investors selling U.S. treasuries) are the main components behind the yen's rise,

Without fresh good news on the U.S., the current account worries come back to the fore so people worry about the dollar. With stocks it's a question of how much good news is already priced in.

We've just seen some stop-losses and it looks like people chose the downside.

Yes, they've reached an agreement, but it remains to be seen whether the grand coalition can work and whether it actually delivers the reforms.

The trend is very very strong -- you don't want to stand in the way of it at the moment.

It was a knee-jerk reaction after the reports of an earthquake. The logic behind the move is that a natural disaster in California could damage the U.S. economy.