The market has really begun to believe that we are coming to the close of the zero interest rate policy.
More Quotes from Boris Schlossberg:
All these structural issues that dogged the dollar in 2004 could very well be reawakened by this news. The tone will be clearly dollar negative.Boris Schlossberg
With little help from monetary officials, yen bulls will now have to look to the rise in the yield of 10-year Japanese government bonds above the psychologically important 2 level as a possible trigger for yen strength.
Boris Schlossberg
This 'man in the street' poll of barbers, taxi drivers and waiters offers some of the best clues to future Japanese consumer spending.
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The interest rate differential will be materially larger. It will attract a lot of capital into U.S. dollars.
Boris Schlossberg
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