Amid a broader trend of a weakening dollar, market movements are gradually converging as Christmas approaches.
Amid a broader trend of a weakening dollar, market movements are gradually converging as Christmas approaches. Following significant events like last week’s monetary policy announcements by the U.S., U.K., and European central banks and this week’s Bank of Japan (BoJ) monetary policy meeting, the pressure to sell the dollar remains strong. Yesterday’s lower-than-expected U.K. inflation […]
The current market trends suggest a brake on the Yen’s strength and the Dollar’s weakness, moving towards a Christmas week mood
The current market trends suggest a brake on the Yen’s strength and the Dollar’s weakness, moving towards a Christmas week mood. Following the conclusion of major central banks’ monetary policy announcements last week, including the U.S. Federal Reserve (Fed), the market experienced a surprise dollar selling pressure. This was primarily due to Fed Chair Powell’s […]
A calm movement in the Christmas season
The Tokyo market saw a correction from the 132 yen level to the high 131 yen level. It’s not that there were any outstanding ingredients, but that the NY market was adjusted from the high 131 yen level to the 132 yen level yesterday. With the Christmas weekend approaching, there are no active moves […]
Closed mood
After this, the US market will be closed. Even in European time, Germany and other countries are closed. The UK market is open, but the stock market is shortened, and the mood is before the holidays. It is also Christmas Eve, there are few trading participants, and the market is expected to move calmly in […]