Teruhisa Tsuji
Teruhisa Tsuji
admission banks central dollars
Snow's admission of central banks diversifying from dollars could be used as dollar-selling material.
coming data days dollar fed few hard policy reports sell supporting though
It's hard to sell the dollar before reports on manufacturing and hiring, even though the Fed toned down the statement. Fed policy is now more data dependent. And data coming in a few days look strong, supporting the dollar.
economic expecting good investors move schedule supporting
Propelled by good economic figures, investors are more and more expecting the BOJ to move up the schedule for the end of its zero-rate policy. That's supporting the yen.