Atlanta Fed President Envisions One Rate Cut This Year, but Diligently Monitoring U.S. Economic Indicators
Recent remarks from U.S. financial authorities have been dominated by Atlanta Fed President Bostic’s projection of one rate cut within the year. On the other hand, the latest interest rate outlook from the members of the U.S. FOMC has continued to suggest three rate cuts within the year. This has caused market speculation to swing, […]
A Monday in Adjustment Mood, with Subsequent Overseas Markets Facing a Lack of Material
The week has begun in an adjustment mood. The strong dollar trend seen at the end of last week has paused. Following comments from Finance Minister Kanda warning against excessive yen depreciation, the dollar-yen briefly tested the 151.05 level, attempting to break below the significant threshold. The Chinese yuan is also seeing dollar-selling and yuan-buying, […]
In the context of a global mood of fiat currency rate cuts, should one buy gold, stock indices, or Bitcoin?
The trading for March 18th to March 22nd ended with a loss of $25,786. It was a week marked by significant announcements, including the Bank of Japan’s first interest rate hike in 17 years and the Swiss National Bank’s first rate cut in nine years. We managed to follow the movements of the Japanese […]
This week saw a series of key events, resulting in volatile market conditions in the foreign exchange market.
This week saw a series of key events, resulting in volatile market conditions in the foreign exchange market. Post-Bank of Japan meeting, there was a trend towards yen depreciation, followed by dollar depreciation post-FOMC meeting. Subsequently, after announcements from the Bank of England and the Swiss National Bank yesterday, there was once again a dominant […]
Following the unexpected announcement of a rate cut by the Swiss National Bank, the Swiss franc experienced a sharp decline.
Following the unexpected announcement of a rate cut by the Swiss National Bank, the Swiss franc experienced a sharp decline. The SNB reduced rates from the previous 1.75% to 1.50%, contrary to widespread expectations of maintaining rates. In response, the franc plummeted. EUR/CHF surged from around 0.9680 to 0.97829, with a notable increase in euro […]
With the dollar-yen hovering in the 151 yen range, attention turns to the US FOMC; check UK inflation indicators beforehand.
In the absence of Tokyo market activity on the vernal equinox, the dollar-yen is trading in the 151 yen range, the highest since November last year. The Bank of Japan’s announcement of easing interest rates has contributed to the depreciation of the yen, along with speculation about a delayed start to rate cuts at the […]
Bank of Japan (BOJ) policy decision meeting results were announced as expected
Today, the Bank of Japan (BOJ) policy decision meeting results were announced. As expected, they lifted the negative interest rate and set the short-term interest rate target at 0.0-0.1%. They abolished the Yield Curve Control (YCC) and maintained their easing stance by continuing purchases of long-term government bonds. Additionally, they halted new purchases of Exchange-Traded […]
Bank of Japan Meeting: Negative Interest Rate Unwind Priced In, Focus Shifts to FOMC
The market seems to have priced in the potential unwinding of negative interest rates ahead of tomorrow’s Bank of Japan (BoJ) monetary policy decision announcement. Over the past two weeks, remarks from BoJ officials and leaked reports have gradually permeated the market, leading to this anticipation. Tomorrow’s meeting is expected to discuss topics such as […]
Negative Interest Rate Removal! What Does the Bank of Japan’s Move, the First in 17 Years, Mean.Summary of Trades from March 11th to March 15th: The total profit was +196,779 USD.?
Summary of Trades from March 11th to March 15th: The total profit was +196,779 USD. I pursued buying opportunities in cryptocurrencies, but was caught in significant downward corrections at various points, leading to stop losses. Despite observing substantial upward movements, I couldn’t capitalize on them effectively. Given the considerable volatility, I plan to refrain from […]
Ahead of a series of events next week, there seems to be some momentum in both the yen and dollar markets.
This week, the yen market has been nervously fluctuating amid expectations for the Bank of Japan’s decision meeting next week. After falling to the mid-146 yen level earlier in the week, it has risen to the late-148 yen level, albeit with fluctuations. The focus is on whether the negative interest rate will be lifted at […]