There is some speculation in the market about Japan’s macroeconomic policies, especially fiscal policyYen long positions have been shrinking after the summerWe all agree that monetary policy itself is in the hands of the BOJ
A bit of added verbal smackdown from Tokyo. This is becoming more frequent after Takaichi’s appointment as prime minister, amid her status as a big fiscal dove.
This article was written by Justin Low at investinglive.com.