Yen Likely to Strengthen, Newedge's Matwejev Says
May 6 (Bloomberg) -- Greg Matwejev, a Hong Kong-based director of currency hedge-fund sales at Newedge Group, talks about the yen, the pound, the U.S. and the Australian dollars. He speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)
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Riyal Dollar Peg Is Under Review
15:22 - Saudi Arabia's fiscal stresses are driving speculation the kingdom may change the riyal's peg to the dollar. The Saudi Arabian Monetary Authority maintains the spot exchange rate of the riyal at 3.75 to the dollar, which means future expectations of its value must be examined through the forwards or options market. Societe Generale Economist Strategist Xavier Denis discusses with Bloomberg's Manus Cranny and Rishaad Salamat on "Bloomberg Markets Middle East."