“They have decided enough is enough. We don't expect the won to weaken dramatically, but further strength at the pace that we've seen will be prevented.”
“You cannot strengthen the weak by weakening the strong.”
“I think the Japanese are concerned with the pace of the yen weakening and you have seen comments from Japanese officials stating that.”
“We still think the yen is going to weaken further.”
“Commodity funds now believe that the dollar can only weaken further so they have nothing to lose by getting heavily into gold.”
“The central bank wanted the peso to weaken, so if it is weakening, one of their incentives to cut rates is no longer there.”
“We have been expecting this system to weaken for the last few days, but the system has not weakened. I cannot speculate about it because we don't know why.”
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