17 Quotes by Michiyoshi Kato

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

Yen selling may not extend to today. Some investors sold a bit too much yen, so they may buy some back, which could benefit the Japanese currency.

People are looking for any reason to sell the dollar and buy the yen at a moment. The upside of the dollar looks heavy after it failed to break through to 119 in the past couple of days.

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

Expectations of higher ECB rates are supporting the euro. The euro will strengthen, especially against the currency of Japan, where rates will remain lower.

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

Violence will surely continue to weigh on the euro.

There's sentiment building for a weaker yen. The BOJ is unlikely to raise rates soon, even after an end to its current policy.

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