The market has its doubts that the new German government is going to be able to proceed with the necessary economic reforms, ... People aren't going to be buying the euro on the basis of this result, because we need to see some evidence that the new government will deliver. -Marios Maratheftis

 

The market has its doubts that the new German government is going to be able to proceed with the necessary economic reforms, ... People aren't going to be buying the euro on the basis of this result, because we need to see some evidence that the new government will deliver.


Comments

There are not yet any comments on this quote. Why not register / login and be the first?



This quote is just one of 8 total Marios Maratheftis quotes in our collection. Marios Maratheftis is known for saying 'The market has its doubts that the new German government is going to be able to proceed with the necessary economic reforms, ... People aren't going to be buying the euro on the basis of this result, because we need to see some evidence that the new government will deliver.' as well as some of the following quotes.

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.

Marios Maratheftis
234

The market is showing a textbook reaction, buying safe-haven currencies like the Swiss franc and euro and away from the dollar.

Marios Maratheftis
200
The dollar is down because of anticipation of tensions in the region. When things start to get worse it's the dollar that weakens. It's more to do with risk aversion. -Marios Maratheftis
154

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

Marios Maratheftis
152

The dollar is under pressure and the main driving force for this is the market's expectation that the Fed will stop hiking rates soon.

Marios Maratheftis
141
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. -Marios Maratheftis
123

The dollar does seem relatively overbought, especially against the yen.

Marios Maratheftis
115