Noriaki Ichikawa
Noriaki Ichikawa
draw failed fully likely market monetary next policy
The yen failed to draw follow-through buying, as the market has now fully priced in the likely end of the five-year super-loose monetary policy at next week's (policy board) meeting.
conclusion interest market mean monetary policy rate seems start
In addition, the market seems to have come to the conclusion that an end to the quantitative monetary policy does not necessarily mean the start of interest rate rises.
indication interest japan likely rates remain rising soon start stop strong tight unless
So unless we get a strong indication that interest rates in the US will stop rising and that interest rates in Japan will soon start increasing, the dollar/yen is likely to remain in a tight range.