Yen Angst Gauge Remains High

The transcript discusses the yen's market behavior amidst the Fed's 75 basis points decision, highlighting the unusual implied volatility and market predictions. It explores potential policy tweaks by the DOJ and the impact on the yen, with a focus on future policy directions and bond purchases. The discussion suggests that any immediate policy changes would be mild, with significant actions possibly signaled for future meetings.

What does the 75 basis points from the Fed indicate about future market moves?

How does the implied volatility of 17 Volt relate to market predictions?

What potential tweaks to BJ's policies are being anticipated in the upcoming meetings?

Discuss the significance of the bond purchases mentioned in the text.

What might be the implications of the Fed's decision to stand pat on the yen?