Fumihiko Kawano
Fumihiko Kawano
ahead change continue fall later next time
I think the yen will continue to fall for the time being. But later next year, things will change ahead of the U.S. mid-term election.
bank buying change ends foreign interest investors japanese pay rates start unless
What's going to change after the BOJ ends the quantitative policy? Unless Japan's bank deposits start to pay interest rates of like 1.5 percent, Japanese investors will keep buying foreign currencies.
expecting feeling raise rates seems three
From expecting (the Fed) could raise rates three times more at most, there now seems to be a feeling there will be no more than two.
fed hard rhetoric stay until using whether
With so many new members, it's hard to say whether the rhetoric the Fed has been using until now will stay the same.
cause surprise trade unless
Unless a big surprise comes out from the trade report, it may not cause much turbulence.
against cushion dollar likely providing support
There is support for the dollar against the euro, which is providing a cushion for the dollar/yen so we're not likely to see a nosedive in the dollar.
happening heard increased march policy risks time
This isn't the first time we've heard about the possibility of an end to the policy in March ... but the risks of that happening have increased a bit.
attractive buy dip level low quite
A dip to a one-month low could be quite an attractive level for exporters to buy the won.
hurricane push talk
Just talk of the hurricane weakening was enough to push up the dollar.
buy cannot dollars higher lower market people range reason sell time
The market has been entrenched in range-trade for such a long time that people cannot see a reason to buy dollars at the higher end of the range or sell them at the lower end.
buy consumer figures likely market players price waiting
The market is just waiting for the consumer price index. If the figures are strong, market players are likely to buy the yen tentatively.
government hand large market
The market is dithering, because on the one hand we have the interest-rate gap, but on the other we have still large U.S. government debt.