The mandate for Koizumi is stronger than many had anticipated,

It was a knee-jerk reaction after the reports of an earthquake.

The trend is very very strong -- you don't want to stand in the way of it at the moment.

All the market is talking about is Katrina, what it means and is the Fed going to pause. It's just relentless at the moment, it's just dollar selling.

Yes, they've reached an agreement, but it remains to be seen whether the grand coalition can work and whether it actually delivers the reforms.

People are still digesting Friday's data and wondering whether the short-term reaction to sell the dollar was right,