Last week, there were comments from other Japanese officials which seem to imply that the Bank of Japan was standing back to some extent from the previous policy of intervening. And it wouldn't be completely against the wishes of the U. S. Treasury if the dollar were to weaken a little bit further. It would actually keep the pressure on Japan to reform.
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The new policies are not in effect to combat underage student drinking. Obviously, we can't turn a blind eye to alcohol, ... But that is not what this is about. This is more about who's on campus, do they belong here, and what's left over.Tim Fox
A crucial aspect is going to be the Nikkei, ... The Nikkei has been driving the yen higher, trying to latch on to the strength of the Japanese stock market before it actually gets going is what's drawing money back home to some extent and also from overseas investors.
Tim Fox
European growth is still a lot less than U.S., ... It's by no means certain that we've seen the peak in the dollar against the euro yet.
Tim Fox
The actions that we have taken are all we can do at this timethere's no guarantee that placing over 100 officers in the area would fix anything. There's no guarantee in life.
Tim Fox
Most analysts disagree, though. Such a large reduction could spook the markets into thinking the downturn will be more severe than previously feared, ... and that could be a self-fulfilling prophesy.
Tim Fox
You'll see strengthened consumer optimism across the range of indices that we'll see over the next few days.
Tim Fox
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