BLOOMBERG Countdown August 16, 2016
Welcome to countdown. We are encroaching on ¥100 to the dollar but we are keeping a close eye on where this next leg in the dollar goes. Is this a yen strength story or is it a dollar weakness story . I would contend this is now more eight dollar weakness story. The fed is fading. The dollar is down for a third day, the lowest since brexit. The last time they posted a trade below 100, that was post brexit. That thehown 80 odd yen will touch 100 in the coming months. It looks quite sneakily as if it might get through today. Mulls theams possibility that 2 inflation targets are no longer really...