Yuji Saito
Yuji Saito
assert bank bias brief buying changes ignore japan last policy pressure shift weaker
The Bank of Japan may ignore pressure from politicians and shift policy to assert its independence. The yen may see brief buying if the BOJ changes policy today, but it won't last long. The bias is for a weaker yen.
banks central dollar helping interfere ministry
I do not think the ministry will actually interfere in he markets. But other central banks such as Korea's may do so, helping the dollar rebound.
boost consumer figures growth higher hikes rate spending strong supporting
Strong figures will boost expectations of higher growth in consumer spending in the U.S.. That will heighten expectations of at least two more rate hikes from the Fed, supporting the dollar.
bank dollar focus including interest japan major market raise rate remain surely time
The market focus is surely on the interest-rate differentials between the U.S. and other major economies, including Japan. The Bank of Japan won't raise its interest rate any time soon, so the yen will remain the most bearish for the foreseeable future, while the dollar will be the most bullish.
bias brief buying changes current hold last months near policy rates six today weaker zero
The BOJ may hold rates near zero for more than six months even after the end of its current policy. The yen may see brief buying if the BOJ changes policy today but it won't last long. The bias is for a weaker yen.
amount effect flows huge japanese major money sent
With the huge amount of money that Japanese sent abroad, repatriation flows could have a major effect on the dollar-yen through March.