21 Quotes by Luke Waddington
- Author Luke Waddington
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Until the dollar breaks through some sort of bigger levels...I don't think we're going to get another leg up.
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- Author Luke Waddington
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We're hearing it may be 6 p.m. Tokyo before an announcement comes out, and that's making people think it's a story to react to tomorrow. The timing of it is important because we're hearing lots of rumors.
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Chinese banks may want to buy yen and see if they can get a good return on shares in Japan.
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I think it's discounted, unless they do something and do something decisive.
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Japanese investors are going into Treasuries. The dollar is going to be very well supported.
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Japanese investors are buying the dollar to purchase overseas assets, such as Treasuries.
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We've had some good moves early week and we're looking for another trigger for the next big-figure move in the dollar.
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This sort of second guessing (in the market) will continue until we actually see what the real impact of the situation is going to be on the U.S.
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The view that people do hold is that the kiwi will drop. But people are nervous about doing it against the dollar, so they go elsewhere.
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