I do not think China will take the bold course of doing that. But this persistent speculation could encourage Middle Eastern and other Asian nations to race to diversify their dollar holdings. -Masafumi Yamamoto

 

I do not think China will take the bold course of doing that. But this persistent speculation could encourage Middle Eastern and other Asian nations to race to diversify their dollar holdings.


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This quote is just one of 9 total Masafumi Yamamoto quotes in our collection. Masafumi Yamamoto is known for saying 'I do not think China will take the bold course of doing that. But this persistent speculation could encourage Middle Eastern and other Asian nations to race to diversify their dollar holdings.' as well as some of the following quotes.

The Fed will hike interest rates by 25 basis points at its next meeting, but it will be the last one in this tightening cycle. We've been recommending buying the euro.

Masafumi Yamamoto

Depending on the economic indicators, the currency market will be more volatile than before.

Masafumi Yamamoto

The currency market will be more volatile than before. The sensitivity to the upcoming data will be higher than before.

Masafumi Yamamoto

The smaller figure is already a negative factor for the dollar. The dollar is negative, especially against the euro.

Masafumi Yamamoto

We expect an increase of about 300,000 jobs. Strong figures in the data are likely to spur dollar buying.

Masafumi Yamamoto