Global Stock Rally Fades, Dollar Rebounds

The video discusses the FOMC's recent rate decision, highlighting the downward migration of economic projections and market expectations. It examines the currency market, focusing on the dollar's performance against the yen and the BOJ's monetary policies. The likelihood of a US rate hike by December is analyzed, considering current economic data. The video concludes with a discussion on the BOJ's yield curve control policy and its implications for capitalism.

What does the speaker suggest about the dollar's performance against the euro and yen?

What is the speaker's perspective on the effectiveness of the BOJ's policy?