Boris Schlossberg Quotes (20 Quotes)

Focus will soon turn to Monday's TICs report on foreign capital flows which could show the third consecutive month of foreign capital flows failing to offset the trade deficit gap.

Euro-dollar dropped about 40 points in the aftermath of the release but recovered some of the loss, reflecting the market's uncertainty about the veracity of the figures.

With little help from monetary officials, yen bulls will now have to look to the rise in the yield of 10-year Japanese government bonds above the psychologically important 2 level as a possible trigger for yen strength.

The interest rate differential will be materially larger. It will attract a lot of capital into U.S. dollars.

For a long time now the Eco Watchers Survey has been our favorite gauge of Japanese consumer sentiment.

The market is likely to go into a pre-jobs stall, from here on. If payrolls don't perform as the market expects, the euro could gain even further as that would put enormous pressure on the Federal Reserve to stop raising interest rates sooner than expected.

The ECB is trying to walk a very fine line between its mandate to control the budding inflationary pressures in the euro-zone and its desire to nurture the nascent economic recovery in the region where the unemployment rates stands at nearly 10.

The market has really begun to believe that we are coming to the close of the zero interest rate policy.

The Canadian dollar is relentless moving forward. You also have very steady economic growth and a strong commodities cycle.

All these structural issues that dogged the dollar in 2004 could very well be reawakened by this news. The tone will be clearly dollar negative.

This 'man in the street' poll of barbers, taxi drivers and waiters offers some of the best clues to future Japanese consumer spending.

If you have a continuation of gains in commodities prices, the Canadian dollar will rise. There is some positive momentum going on for the Canadian dollar.

Speculators took the words as a signal that China with its massive 760 billion of U.S. dollar reserves may move to diversify some of its assets into euros.

Comments from various Japanese authorities suggest that the zero interest rate policy may remain in place longer than the market anticipates.

The residual impact from the Fed is definitely positive for the dollar. The Fed message is clearly all systems go for 4.25 percent and maybe even 4.5 percent, which will increase the dollar's interest rate differential with other currencies.

Katrina's effect was far less destructive than initially feared. The true extent of the damage, however, may not be known until next month when the Labor Department will make adjustments to this preliminary reading,

The IFO survey hit a 14-year high... receding oil prices and an exchange rate that has stayed below the 1.20 figure for most of the month has buoyed business confidence in the region and bodes well for future prospects of growth in Q1. The news also helps to buttress the expected European Central Bank decision to raise rates to 2.5 at the upcoming March 8 meeting.

The news augurs well for the Japanese economy as confidence is now spreading through the full spectrum of Japanese society. Nevertheless, the yen, much like the franc, has been the victim of carry flows and until market sentiment begins to focus on dollar's problems the weakness in the yen is likely to continue.

The euro has been the victim of an ever widening interest-rate differential to the dollar, a dynamic that has hurt the currency over the past six months as the carry spread now stands at 175 basis points against it.

If the data starts to taper off, the market will begin to handicap a 5 percent top in interest rates. That would weigh heavily on the dollar.