108 the next target for Abe then.
Going to be reloading long on any little dip maybe if the fed dont taper in dec.
Sakakibara interview in Tokyo:
Going to be reloading long on any little dip maybe if the fed dont taper in dec.
Sakakibara interview in Tokyo:
- Abenomics succeeding, should continue
- GPIF shift from JGB's to drive stocks up, yen down
- Sees Yen range 102-108 v USD vs 95-102 previously
- Says Fed may taper early 2014, even this month.
- Sees Yen drop to 108 on pension fund sales, Fed taper
USDJPY hardly moved...102.43.