With the huge amount of money that Japanese sent abroad, repatriation flows could have a major effect on the dollar-yen through March.

I do not think the ministry will actually interfere in he markets. But other central banks such as Korea's may do so, helping the dollar rebound.

The dollar remains firm, as the absolute U.S. interest- rate advantage still continues to exist. Rates hikes by the BOJ are a long way off.

Strong figures will boost expectations of higher growth in consumer spending in the U.S.. That will heighten expectations of at least two more rate hikes from the Fed, supporting the dollar.

A widening U.S. current-account is always unfavorable for the dollar. That won't be a big issue while the U.S. receives actual capital flows. But investors are always worrying about potential sudden shifts. The dollar looks weak.

I wonder sometimes why the U.S. reviewers are more negative towards turn-based battle systems.