Awareness of a strong dollar in view of parliamentary testimony
FRB Chair Powell will give a semi-annual parliamentary testimony at the Senate Banking Committee today. It is expected that it will emphasize its aggressive tightening stance against rising prices, which is likely to lead to a move to buy dollars. Since the dollar-yen pair rose sharply yesterday, we are cautious about buying from here, but […]
Will the dollar be bought again, today is the US ADP employment statistics
Dollar buying intensified in the overseas market yesterday. The unexpected rise in the US ISM manufacturing index to 56.1 accelerated dollar buying. On the 31st, US Fed director Waller said, “It is preferable to raise interest rates by 0.50 percentage points as much as necessary,” which also shocked the market, which had been waiting for […]
To continue the strong dollar, the market price at the beginning of the week
The dollar is expected to continue to appreciate in the market at the beginning of the week. Events such as the US FOMC and US employment statistics last week showed that inflation would be strengthened in the future, and the resilience of the employment situation was also a support factor. An unstable event of a […]
The selling pressure of the euro and sterling will continue, or there is a fear of stagflation.
Recently, euro dollars and pound dollars are being sold as if the weir had been cut. This is in contrast to the fact that the dollar-yen pair is in the 127-128 yen range and trading is mixed. What is often said is the difference in the situation between the United States and Europe / UK. […]
The dollar is strengthening, incorporating the high US consumer price index, and then gradually the results
Today, the US Consumer Price Index for March will be announced. Inflation is expected to accelerate further from the previous February’s + 7.9% to + 8.4% year-on-year. In the overseas market at the beginning of the week, the dollar / yen pair temporarily rose to around 125.75. It easily breaks out of the latest high […]
How long will the USD buying trend continue?
The upward trend in US bond yields has not stopped, while the Governor of the Bank of Japan Kuroda emphasized that “additional easing without hesitation if necessary” and maintaining a easing stance, and the dollar-yen pair will develop steadily. In 2015, the authorities became more cautious about the depreciation of the yen from the 125 […]
Pay attention to the further decline of the dollar yen and keep an eye on stock trends
The dollar-yen pair has fallen sharply this week. Last week, the dollar-yen exchange rate rose to the 116.35 level as the US monetary authorities expected an early rate hike to put pressure on the dollar and the yen’s depreciation. However, the dollar-yen pair has turned down since the beginning of this week, despite a series […]
Depreciation of USD
The dollar index continues to fall. So far, it has remained below the previous day’s closing price of 90.934. It was high at 90.928 in the morning in Tokyo and dropped to 90.503 in the early part of London. The dollar has continued to rise since the beginning of this year, but it has fallen […]
Inauguration ceremony of US President Biden
Today, the inauguration ceremony of US President Joe Biden, which is a historical topic, will be held. In the market, risk appetite is strengthening with expectations in advance, and dollar selling is predominant in the foreign exchange market. Today, the market trends before and after the event will be noticed. The Biden administration is likely […]
US Employment Statistics
December Number of new employees: 621,000 last time, expected 275,000December Unemployment rate Last time 8.5% Forecast 8.6%December Changes in the number of non-farm payrolls [month-on-month] Last time 245,000 people Expected 71,000 peopleDecember Unemployment rate Last time 6.7% Expected 6.8%December average hourly wage [month-on-month] Last time 0.3% Forecast 0.2%December average hourly wage [compared to the same […]