BOJ to Drive Dollar-Yen by Year's End, Says Nomura's Rochester

The transcript discusses the impact of equity market sell-offs on currency strength, focusing on the yen and dollar. It analyzes historical currency trends, including the effects of urbanomics and Trump flation trades. The discussion covers monetary policy changes, such as stealth tapering and QE program adjustments, and their market impact. It also examines market corrections, risk correlation, and the influence of interest rate hikes and term premium on the market.

Discuss the potential impact of Fed rate hikes on the dollar and the yen.

What are the three key factors that could affect the risk market according to the analysis?