Mr. Yen Says BOJ May Surprise Again by Tightening in January

The video discusses the current strength of the yen and its potential future trajectory, suggesting it may appreciate towards 120. It also speculates on possible policy shifts by the Bank of Japan (BOJ) in upcoming meetings, particularly regarding yield curve control and negative rates. The discussion concludes with an acknowledgment that policy normalization has likely begun under Kuroda's leadership.

What is the current level of the yen, and what is its potential future target?

• It is at 135, with a target of 120.

• It is at 150, with a target of 130.

• It is at 120, with a target of 135.

• It is at 110, with a target of 125.

What is one possible action the BOJ might take in their next meeting?

• Increase the interest rates significantly.

• Widen the yield curve control band.

• Reduce the inflation target.

• Introduce a new currency.

What is the likelihood of a concrete policy move by the BOJ in January?

• Possible but not certain.

• Already decided and announced.

• Highly likely with specific plans.

• Unlikely with no plans.

Has policy normalization begun according to the discussion?

• It is still under consideration.

• It is planned for next year.

• No, it has not started yet.

• Yes, it has already begun.

What is Kuroda's role in the policy normalization process?

• He is opposing the process.

• He is unaware of the process.

• He is expediting the process.

• He is delaying the process.