Any correction in the dollar is going to be very limited. |
Demand is drying up a little for U.S. securities, so this doesn't bode well for the dollar. Sentiment is pretty weak on the dollar at the moment. |
What we are seeing coming out from these officials, both the government and the Bank of Japan, is that they are extremely optimistic on the economy. All of this is proving to be extremely positive for the yen. |