Market Forecast

Depreciation of the yen has emerged as a major trend, looking ahead to US tapering-High crude oil prices are also headwinding to the yen

The yen has emerged as the best target for foreign exchange traders looking to take a position in anticipation of tapering by the US Federal Reserve. The yen has fallen about 4% against the dollar in the last three weeks, the worst performance in the G10 currency. However, this may only be the starting point …

Depreciation of the yen has emerged as a major trend, looking ahead to US tapering-High crude oil prices are also headwinding to the yen Read More »

Inflation is wary due to high crude oil prices, stock market is weak, and foreign exchange is under strong dollar pressure

In the market at the beginning of the week, the movement of high crude oil prices is conspicuous. The OPEC Plus meeting showed a policy of maintaining the conventional production plan, which further accelerated the rise in crude oil prices. NY crude oil futures temporarily rose to the $ 78 level. The supply and demand …

Inflation is wary due to high crude oil prices, stock market is weak, and foreign exchange is under strong dollar pressure Read More »

Evergrande of China, interest payment due on 23 days has not been done yet

China’s real estate developer, China Evergrande Group, will have to pay $ 83.5 million on the 23rd, but near the evening of the same day eastern US time (24th morning Japan time) At that time, it turned out that no payment was made to the bondholders. Several people familiar with the matter have revealed. China …

Evergrande of China, interest payment due on 23 days has not been done yet Read More »

Adjusted mood ahead of tomorrow’s consumer price index (CPI)

Last weekend, the movement of risk appetite in the London market turned around in the NY market, and the movement of adjustment began with the depreciation of US stocks. At the beginning of the week, transactions have started following the level of the strong dollar and strong yen since last weekend. There are no plans …

Adjusted mood ahead of tomorrow’s consumer price index (CPI) Read More »

Today, pay attention to the ECB Board of Directors

European Central Bank (ECB) policy rateEuropean Central Bank (ECB) Governor, regular press conference Today, the ECB Board of Directors is drawing attention. The market is interested in whether there is an announcement to start tapering. With the current inflation rate accelerating to + 3% year-on-year, the tone of hawkish members such as the Biteman German …

Today, pay attention to the ECB Board of Directors Read More »

Canadian central bank’s monetary policy announcement

The Canadian dollar has been on a slightly heavier upside ahead of the announcement of the Canadian central bank’s monetary policy. The Canadian yen fell from 87.30 to around 86.70 in the morning in London. It was reacting to the depreciation of European stocks. After that, there was a scene where the yen recovered to …

Canadian central bank’s monetary policy announcement Read More »

The dollar plunged in response to weak US employment statistics

The dollar plummeted temporarily in response to weak US employment statistics. The dollar-yen pair fell to the 109.63 level as the yield on 10-year US Treasury bonds temporarily dropped to the 1.26% level. Eurodollar was bought up to 1.1909 level and Pounddollar was bought up to 1.3867 level. However, after the dollar short has run …

The dollar plunged in response to weak US employment statistics Read More »