Six Step Plan for Successful BOJ Intervention

The transcript discusses the Bank of Japan's (BOJ) need for decisive actions to effectively intervene in the market, especially after previous indecisive moves like adopting negative interest rates. It highlights the importance of clear communication to avoid market surprises and the potential triggers for currency intervention, such as significant yen movements. The discussion also touches on the psychological impact of currency levels and the BOJ's strategy to prevent a super strong yen.

What is the main requirement for the BOJ to effectively intervene in the market?

How did the market react to the BOJ's previous move to negative interest rates?

What communication issues did the BOJ face during their last intervention?

What psychological impact does a round number like 100 have on the market according to the discussion?

What is the significance of the yen's strength in relation to Japan's economic strategy?