Quotes by Michiyoshi Kato

“Investors are focusing on the new home sales figures after housing starts were so strong. Strong numbers will surely raise expectations the Fed will lift rates, boosting the dollar.”

“Investors are pretty much focused on the home sales figures today. Weaker data will reduce expectations for further rate hikes in the U.S.”

“Weaker economic indicators raise the likelihood of an earlier end to Fed tightening. It will encourage dollar-selling.”

“The dollar still needs a series of strong economic indicators to be buoyed.”

“I just came in to do office paperwork. Markets are extremely quiet today. Theres hardly any trading and volume must be less than a tenth of whats normal.”

“U.S. consumer confidence will push up the dollar by backing speculation the Fed will raise rates further. The dollars uptrend will likely continue today.”

“U.S. service industries data will be yet another fresh incentive to push up the dollar, strengthening expectations of Feds further rate hikes.”

“Violence will surely continue to weigh on the euro.”

“Pressured by Japanese politicians and officials, the BOJ will be unable to end its easing of the money supply any time soon. Thats pretty much yen negative.”

“The banks brighter outlook supports the view that the BOJ may cut the reserve target around April, laying ground for a rate hike later in the year. That could be a good enough excuse to buy the yen and sell the dollar when the Fed is nearing the end of its tightening cycle.”