Brendan Brown: Yen, Euro Seeing a Dollar Phenomenon

The video discusses the yen's decline and the impact of US-Japan relations on currency policies. It highlights the BOJ's economic assessment and challenges in maintaining interest rates amid rising US yields. The potential for QE tapering and the Fed's balance sheet reduction are explored, with implications for global monetary policies. The ECB's inability to normalize due to dud loans and the euro's weakness are also examined.

In what ways might the Federal Reserve's actions influence the Bank of Japan's decisions?

What is the significance of the ECB's position in relation to the normalization of monetary policy?