Bunning: Yen Grinds Stronger as BOJ Can't Do Much

The video discusses the current market uncertainty, focusing on low volatility in FX markets despite global risks like Brexit and US elections. It analyzes the dollar-yen pair, highlighting the Death Cross pattern and its implications for yen strength. The discussion shifts to the US dollar, examining the Fed's monetary policy and its impact on the dollar's strength, concluding that a strong cyclical bull run is unlikely.

What is the current state of volatility in FX markets despite global risks?

• High volatility across all markets

• Volatility is only high in emerging markets

• Volatility is unpredictable

• Low volatility despite risks

What does the 'Death Cross' in the Dollar-Yen chart indicate?

• Short-term Yen weakness

• Long-term Yen strength

• Immediate market crash

• No significant change

What is the primary driver of the Dollar-Yen exchange rate according to the analysis?

• Trade agreements

• Monetary policy between the Fed and BOJ

• Political stability

• Tourism rates

What is the expected trend for the US dollar according to the discussion?

• Stability with minor fluctuations

• A significant crash

• A gradual decline

• A strong cyclical bull run

Why is it challenging for the Fed to continue hiking interest rates consistently?

• Lack of political support

• Economic constraints and dollar's impact on the economy

• High inflation rates

• Global trade agreements