Faulty reasoning signals

• Confirmation Bias - 29.9% (29 hits)
• Anchoring Bias - 0%
• Availability Heuristic - 0%
• Representativeness Heuristic - 0%
• Hindsight Bias - 0%
• Overconfidence Bias - 0%
• Framing Effect - 47.4% (46 hits)
• Loss Aversion - 0%
• Status Quo Bias - 0%
• Sunk Cost Effect - 0%
• Optimism Bias - 0%
• Pessimism Bias - 10.3% (10 hits)

Article text

Japan might be giving the currency market the silent treatment

Japan might be talking up the yen by saying less about it, the lack of information adding to the sense of uncertainty and putting traders on the back foot.

“It seems to me that the government may be changing its approach to FX intervention,” said Norihiro Yamaguchi, an economist at Oxford Economics, using market shorthand for foreign exchange.

Japan’s currency is now trading near its weakest levels in 40 years against the dollar.

For a while, officials issued clear threats.

Now, they are saying little or nothing.