Minoru Shioiri Quotes
The yen is looking undervalued at current levels. The Fed is probably getting into the final stage of rate hikes, and Japan and Europe may be coming closer to a tightening policy, so there may be some adjustment in the recent rally in the dollar against the yen and the euro.
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Undervalued | Current | Levels | Final | Stage |
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The market is also waiting nervously for the release Thursday of the US housing starts data for any fresh trading leads, after having largely priced-in the likely rate hike at the March Federal Open Market Committee meeting.
- Minoru Shioiri
