BOJ's move to ease yield curve control points to tricky road ahead

Personally, I love the weak yen. I think it fits the fundamentals.

This level of economy language is over my head. Just wondering what it means for the yen up ahead.

I wonder if this will affect housing prices.

I wonder if this will affect housing prices

A rates increase will make mortgages more expensive.

Sell your YEN and get rid of headache before it's too late.

Just wondering what it means for the yen up ahead.

Higher interest rates in Japan tend to lead to a higher value of the yen. The latest policy move allows the rates to go a bit higher than before, although we don't know how high the BOJ will allow the rates to rise.

I’m wondering if the prospect of raising interest rates will soon be seen as too risky. And when financial markets sense that, the yen will get even weaker. Maybe quite a lot weaker. Just wondering. BOJ might intervene in that case but that may not work eventually. I’m imagining a situation where the yen could utterly collapse. Just a thought.

It will have mini collapse from time to time.

Higher rates for mortgages mean house prices to go down.

And when financial markets sense that...

The financial markets have shown they have a hecka of a lot of confidence in Japan. In normal times, the yen is a leading global safe-haven currency, and this country is the world's largest creditor nation, after all.

@Larr Flint: You continue with this view, which you are wrong about as you fail to understand the simple relationship between the UST and the JGB market.

Look at the markets now

There was a yen surge but the BOJ still continues to buy massive amounts of JGBs as nobody else will-surely a move for continuing yen weakness, no?

Looks like the yen is now falling at present

All I see is the yen dropping further in the future