Minoru Shioiri Quotes

The dollar met strong resistance due to selling by Japanese importers and speculators, and turned softer against the yen.

- Minoru Shioiri

Tags

Dollar | Strong | Resistance | Selling |

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The dollar's upward momentum is likely to accelerate on the payrolls figures. The widening U.S. rate gap over Japan and the euro region is strongly supportive for the dollar. - Minoru Shioiri

These books and seminars usually advise them to book profits or cut losses by the order of, say, a quarter of a yen. - Minoru Shioiri

Investors have taken risky one-sided bets on a rising dollar this year. Some will likely continue cutting dollar holdings through the holiday period. That's limiting the yen's losses. - Minoru Shioiri