Tohru Sasaki
Tohru Sasaki
data dumped earlier later modest proved pushing strong
The data proved to be as strong as earlier expected, pushing the yen up briefly ... but the yen was later dumped after a modest upturn.
change major unless
Unless there's a major event, it shouldn't really change anything.
dollar economy market numbers payroll recent sentiment toward unlikely weaker
U.S. payroll numbers are unlikely to give the dollar upward momentum, even if the numbers are good. Market sentiment toward the U.S. economy is worsening, buffeted by recent weaker data.
advice april backs core easing exit forecast interest next rise sales shifted timing
The on-year rise in core CPI backs up our forecast of an exit from quantitative easing in April of next year, but the market's interest has shifted to the timing of an interest-rate hike.
data economic good months past several
Japan's good economic data for the past several months have actually been a yen-selling factor.
dollar downward entered heads higher natural pause temporary
It's natural to think the dollar has just entered a short-term downward correction. It could be just a temporary pause before the dollar heads higher again.
early economy figures good next outlook strong suggest support
Strong figures will support the dollar, as they suggest a good outlook for the U.S. economy from early next year.
appreciation certainly change high monetary near number policy risks strong
A strong CPI number would certainly back up many players' expectations for a monetary policy change in April. Considering the high number of yen-short positions, there are risks for yen appreciation in the near term.
easing impact means terms
A better-than-expected CPI means nothing in real terms because the end of quantitative easing doesn't have a real impact on the market, just speculation.
foreign investors japanese looking
This is a yen-selling market. Japanese investors are looking for higher-yielding foreign assets.
short
This is an unwinding of the yen's short positions.
bad dollar figures likely numbers push react thinking
Thinking about the market's dollar bullishness, even bad figures could push up the dollar. The dollar is likely to react to the numbers only on the upside.
auction deficit demand easier foreign fund helped sell trade twin weaker
Should foreign investors, who have helped fund U.S. twin deficits, show weaker demand at the 10-year auction and the trade deficit widens, that may make it easier to sell the dollar.
bad dollar good rally sentiment since sure
Since sentiment is bad for the dollar I'm not sure if the dollar can rally on good data.