It's now a test of physical strength.

We are not talking and we will not talk. The market will decide the winner.

I'm not saying this race is finished, but we're confident we can win.

Market players had been refraining from selling the yen before the release of the CPI data. But now, they know that the BOJ is unlikely to change their current monetary policy for a while, and the United States continues to have higher interest rates than Japan.

Investors who don't want to take the risk of betting either yes or no are squaring positions, resulting in selling of recent gainers.

It's good time for the market to take a breather.