Following yesterday’s FOMC meeting, the USD has been bought. While the policy interest rate remained unchanged, the interest rate forecasts of FOMC members indicated one more rate hike by the end of the year, and expectations for higher interest rates next year also shifted upwards. Chairman Jerome Powell’s press conference also reflected a hawkish stance. […]
Following yesterday’s US FOMC, today the Bank of England and the ECB will announce their monetary policies. The FOMC raised interest rates by 50 basis points, as many expected. The pace eased after four consecutive 75 basis point hikes. However, this has already been factored into the market. The key terminal rate level was […]
The Fed chairman, ECB governor, and British central bank governor will meet together to see if the dollar’s appreciation will resume.
Today, FRB Chairman Christine Lagarde, ECB President Christine Lagarde, and European Central Bank President Bailey will participate in the ECB Forum debate. The market is likely to react sensitively to the strength of each monetary tightening stance and the degree of confidence in avoiding a recession. Observing the movement of the dollar index, basically an […]
Aware of next week’s British and European events whether the dollar will continue to rise even ahead of the weekend
The dollar market was booming this week over the US FOMC. As FRB Chairman Jerome Powell’s interview was more hawkish than expected, US bond yields rose, the stock market plummeted, and the dollar’s exchange rate moved toward a stronger dollar. The dollar-yen pair rose to the 115-yen level, the euro-dollar pair fell to the 1.11 […]
The US FOMC yesterday was shown to change direction to hawks. With the end of bond purchases ahead of schedule, the outlook for rate hikes has been raised to three times next year. After reflexively reacting to the dollar buying, the market leaned toward the weakening of the dollar and the yen along with the […]