The market is losing reasons to buy the dollar. The end of an interest-rate-driven market may be drawing near.

There's a sense of uncertainty in the market about the outlook of both the U.S. economy and interest rates.

The focus is on the jobs data. The market is having second thoughts about its previous consensus that the tightening campaign is soon to end.

Ahead of the Fed meeting, you can't expand your positions aggressively.

Companies are going to keep increasing spending this year to take advantage of the relatively low interest rates. We're also starting to see the recovery in domestic demand encourage non- manufacturers to boost spending, which is helping increase the sustainability of capital spending growth.

The market generally believes that zero interest rates will continue for the next two or three months, but no one knows what will happen to Japanese interest rates going forward [beyond that].