Focusing attention on the dollar-yen exchange rate, ascertaining the movement of reversal selling
As the year-end market approaches, the volatility of the dollar-yen exchange rate is increasing. The reason for this is that the expansion of the YCC fluctuation range shocked the market at the Bank of Japan decision meeting on December 20. In the market, attention to the dollar-yen exchange rate is increasing ahead of the next […]
〇 The Bank of Japan will throw a stone during Christmas week, and be wary of the appreciation of the yen
The final Bank of Japan monetary policy meeting of the year had an unexpected result. The Bank of Japan, which had stubbornly maintained its ultra-easing stance in the face of global interest rate hikes, suddenly expanded the fluctuation range of the YCC from 0.25% to 0.50%. The announcement comes as each country is about to […]
The yen will appreciate slightly at the beginning of the week, and there are speculations ahead of the final decision-making meeting of the Bank of Japan within the year
The yen has shown signs of appreciation since the beginning of the week. It was reported that the government and the Bank of Japan would revise the joint statement that defined their respective roles, which led to speculation that the 2% inflation target would be revised. After last week’s series of monetary policy meetings, including […]
The dollar/yen has fallen to the 134 yen level, and it is reported that the Bank of Japan may conduct an inspection and verification of monetary policy within the next year under a new system.
The dollar/yen has fallen to the 134 yen level. According to a person familiar with the matter, he reacted to reports that the BOJ may conduct inspections and verifications of monetary policy within next year under the new system. The dollar/yen temporarily widened its lows to the 134.54 level. The cross-yen pair also reacted to […]
The conditions for the BOJ to continue easing and widen the interest rate differential have been met due to a significant increase in US interest rates.
The market situation of material shortage is likely to start at the beginning of the week. The US market will be closed due to the Juneteenth transfer holiday. It lacks clues such as US bond trends, making it difficult to move. It will be while watching the adjustment of the stock market. The difference in […]
The conditions for the BOJ to continue easing and widen the interest rate differential have been met due to a significant increase in US interest rates.
There were a series of important monetary policy meetings this week. The most noticeable was the US FOMC. Reflecting the upside of the US consumer price index last week, the market has factored in a 0.75 percentage point hike in advance. As a result, the interest rate was raised by 0.75 percentage points. However, the […]
FOMC, 75bp rate hike-July is likely to be 75 or 50bp and Fed chairman
At a regular meeting held on the 14th and 15th, the US Federal Open Market Committee (FOMC) decided to raise the main policy interest rate by 75 basis points (bp, 1bp = 0.01%). This is the largest rate hike since 1994. Federal Reserve Chair Powell has suggested that the July meeting will also raise rates […]
Will the dollar continue to rise along with the US dollar yield trend at the 115 yen level at one point?
The dollar yen was bought in the Tokyo market. At the BOJ decision meeting, growth prospects were raised, but there was widespread recognition that the market was within expectations. Market officials said last Friday that the Bank of Japan was discussing the normalization of monetary policy and could raise interest rates before reaching the inflation […]
Fed launches $600 billion corporate loan
The Federal Reserve Board (FRB) launched the “Main Street Lending Program (MSLP)” for SMEs on the 15th. This is the start of all emergency funding support for the new coronavirus measures. With a total of over $4 trillion (about JPY 430 trillion), it will have a risk of loss that a central bank has no […]
US dollar / yen increase due to reports of BOJ’s unlimited purchase of government bonds and double purchase of CP / corporate
Buyback of dollar yen is intensifying. Although it has fallen to around 107.35 yen, it suddenly rises to around 107.80 yen. It seems that the Nihon Keizai Shimbun has said that the BOJ will discuss purchasing unlimited government bonds and doubling the purchase of commercial paper (CP) and corporate bonds. (Source: Minkabu) A sudden move […]