21 Quotes by Marios Maratheftis

We're going to see significant sterling weakness this year. Although the Bank of England is on hold for now the pressure is building for rate cuts in the second half of the year.

Nothing in today's testimony seems to change this.

I don't expect them to outright sell dollars -- that would lead to a crash, which would hurt China. It may signal a less aggressive accumulation of dollar reserves.

Fukui's comments are positive on a shift in policy, and we may even get rate hikes later this year. That is positive for the yen.

His (Weber's) comments are across-the-board hawkish... But the market has to see action. The rhetoric doesn't excite the market anymore.

The payrolls data managed to change interest rate expectations -- the market was pricing in a March (U.S. rate) hike by about 75-80 percent before the payrolls numbers came out. Once they had come out that was pushed towards 90 percent.

There has been more aggressive rhetoric from the U.S., but rhetoric is not going to make the Chinese move faster. They're on the correct path with a gradual strengthening of the yuan. Gradual is the key word.

The situation with the yen is a very strong economic story which hasn't translated into a stronger currency. The one missing piece of the puzzle was the fact that Japanese investors were investing more abroad. Any sign that they're investing less overseas is good for the yen.

There's a risk we get a bit of an overreaction to this result. We could still see reforms happening in Germany, and as the result becomes clearer the euro is likely to rebound.