If Koizumi wins the majority of the parliamentary seats, then he'll be able to move toward more reforms. That will benefit the yen.
More Quotes from Michael Malpede:
The fact is that the hurricane is not going to be as devastating as initially thought. The downgrading is being used as an excuse to buy dollars.Michael Malpede
The yield story favors the dollar. The BOJ made as minimal a change as they possibly could the yen is still a very low-yielding currency and there's competition for yield.
Michael Malpede
You may have taken the yen as far as you can, at least based on a short-term shift in policy.
Michael Malpede
It means stronger growth. That will give a little bit of a bid for the dollar.
Michael Malpede
Readers Who Like This Quotation Also Like:
Based on Topics: Majority & Minority QuotesBased on Keywords: koizumi
Spry is not a look, spry is behavior.
Robert Culp
I paint what cannot be photographed, that which comes from the imagination or from dreams, or from an unconscious drive.
Man Ray
I stopped caring so much about what people might think if I sung about love and humanity.
Wayne Coyne