Japan Is at a Reflection Point, Says Rosenstreich
The dollar fell against the yen after comments by a Bank of Japan official damped speculation of additional stimulus that could include so-called helicopter money. The yen strengthened against most of its major peers after Deputy Governor Kikuo Iwata said Thursday the policy mix of the BOJ and government was “different from helicopter money,” or direct financing of government spending by the central bank. A gauge of the dollar retreated as investors awaited key U.S. jobs data to assess the Federal Reserve’s path on interest rates. Swissquote Head of Market Strategy Peter Rosenstreich discusses with Bloomberg's Anna Edwards and Manus Cranny on "Countdown."