The market may be getting ahead of itself in expecting helicopter money from the Bank of Japan, says Saxo Group's John Hardy

John Hardy, head of FX strategy at Saxo Group, thinks that the Bank of Japan (BoJ) may initiate a 'reasonably sized stimulus measure' before implementing helicopter money. This could happen after the US election as the BoJ needs to feel comfortable before the next phase of quantitative easing can begin. Hardy thinks the market may be getting ahead of itself in expecting helicopter money. Click the following link to know about how Japan's next move may play into your trades with the Japanese Yen: (VIEW LINK)