Etsuko Yamashita
Etsuko Yamashita
confirm early economic economy economy-and-economics figures fourth japanese policy positive strong
Strong economic figures will confirm the Japanese economy is doing better, reinforcing expectations of an end to the zero- interest-rate policy as early as the fourth quarter. That's yen positive for sure.
dollar fed partly rate recently sold thinking view
The dollar had been sold recently partly because of the view that the Fed will end its rate hikes. If that thinking is wrong, then so is the dollar selling, perhaps.
economy losing
You don't need to think the economy is losing momentum.
focus helpful market policy proved shifting
The CPI proved not so helpful for the yen's rises. The market is now shifting its focus to the policy meeting.