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The move announced by the RBI is expected to improve liquidity in the derivatives market, one foreign bank dealer
There is also an expectation that the European Central Bank will cut rates and the euro is expected to edge down,'' the senior Japanese bank dealer
6 or even stronger," a Chinese bank dealer
in Shanghai said.
The main thing is that the demand for the Golf has jumped considerably," said BW Bank dealer
The dollar is poised to face selling on the Middle East situation,'' a New York-based major Japanese bank dealer
The dollar is unlikely to regain that level even with the strongest BOJ intervention," the British bank dealer
The central bank has really made it impossible for anyone to keep any kind of long, or even short, position in the foreign exchange market," one foreign bank dealer
Tom Pritchard, President of US Bank Dealer
Commercial Services, commented, "Our business revolves around a flexible model whereby dealers can rely on US Bank for all levels of financial service and guidance, be they simple banking services or complex financing arrangements such as this new credit facility for Lithia Motors.
The situation does not allow us to be totally optimistic about the euro,'' a major bank dealer
There is a strong possibility of the BOJ carrying out dollar-supporting intervention in Tokyo next week," the Japanese bank dealer