European markets are set to resume trading today after the Easter holiday, with the spotlight on Germany’s Consumer Price Index (CPI) preliminary report.
European markets are set to resume trading today after the Easter holiday, with the spotlight on Germany’s Consumer Price Index (CPI) preliminary report. There’s a consensus that the next move by the ECB could be a rate cut, with even hawkish members suggesting a consideration for a rate cut in June if the data supports […]
Today, being Easter Monday, many countries are observing a holiday, resulting in fewer market participants and an expected wait-and-see mood. The USD/JPY is anticipated to hover around the 151 yen level.
Today, being Easter Monday, many countries are observing a holiday, resulting in fewer market participants and an expected wait-and-see mood. The USD/JPY is anticipated to hover around the 151 yen level. The movement centered around the 151 yen level for USD/JPY is expected to continue. There might be some activity from the U.S. participants after […]
U.S. core PCE deflator
On this day, amidst the London and New York markets being effectively closed for Good Friday, the U.S. Personal Consumption Expenditures (PCE) deflator for February will be announced at 9:30 PM Japan time. The general expectation is for a year-on-year increase of 2.5%, which would mark an acceleration from the previous month’s 2.4% rise. The […]
With the upcoming Easter holiday, it’s a tough time for movement; the impact of hawkish remarks from U.S. officials may be seen next week
This week’s dollar market is in a tussle at the high levels it reached up until last week. Following a stubborn decline in the latest U.S. inflation indicators, there have been consecutive statements from officials like Atlanta Fed President Bostick and FRB Governor Waller suggesting a decrease in the number of rate cuts expected this […]
Dollar buying dominated March, but the momentum has dulled; focus on whether USD/JPY will test 152 yen again
March has seen a dominance in buying the dollar. Initially, there was a strong move towards dollar weakening, but since mid-March, the flow of dollar buying has strengthened, pushing the dollar index to its highest level in over a month. Today, USD/JPY was bought up to around 151.97 at one point, surpassing last year’s and […]
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 […]