3 replies to this topic

[TradeMark]

So along with a low CPI report tomorrow, let's see how many Yen people want to buy? TM

[dcengr]

BOJ must think their economy is weaker than most think...

[redfoliage2]

Analysts have been expecting BOJ to tighten up, which has been a negative factor on the stock market this week. Maybe today is the day to wash off the puts holders.

[VermeerUK]

imho, Forget support for the Yen based Japan raising rates in any meaningful way for most if not all this year....(consumer side of Japans economy is still stubbornly weak). The only reason to turn positive on the Yen this year is if we see 'genuine' signs of a global slowdown this year...(Judging by BOE rate-rise last week we aint seeing anything like a slowdown over here yet). Genuine global slowdown would see a lot of that 'carry' loot repatriated back home to Japan. With no 'hawkish' rate policy/action coming out of Japan,and no global slowdown,the Japanese are going to continue to borrow/invest abroad chasing the 'high-yielders'...(GBP/Euro etc) and other things that take their fancy and ignore investing back home,imho Regards.V