In the short-term, sentiment [towards the dollar] is probably quite negative.

Market sentiment is a bit negative now, but I'm a long- term bull when it comes to Japanese stocks. Getting away from zero rates will enable monetary policy to return to normal and shows the economy is finally back on track.

The mood on the dollar is currently negative, the comments are playing into it. The market is short dollar and sentiment is weakening.

The market probably hit a trading bottom last week, and sentiment is negative enough to suggest we'll see a rally,

But this is a long-term thing. There isn't going to be any short, quick answer to this one.

Sentiment towards bullion remains overwhelmingly bullish and further short-term gains are likely. A move up towards the February 1983 high of $509 an ounce seems the obvious target.