It means stronger growth. That will give a little bit of a bid for the dollar.
It means stronger growth. That will give a little bit of a bid for the dollar.
You may have taken the yen as far as you can, at least based on a short-term shift in policy.
If Koizumi wins the majority of the parliamentary seats, then he'll be able to move toward more reforms. That will benefit the yen.
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.
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.
© 2020 Inspirational Stories
© 2020 Inspirational Stories