Today’s ECB Governing Council announcement, but the market is progressing from the perspective of the dollar exchange rate
The dollar is weakening this week. Markets are increasingly talking about the possibility that the pace of US interest rate hikes will slow down. This view is underpinned by a range of weak U.S. economic data. Sentiment indicators fell short of expectations, and the weekly U.S. mortgage application index fell for the fifth straight […]
A wait-and-see mood ahead of the weekend
The dollar-yen pair, which approached 145 yen on Wednesday, then moved around 144 yen, and the trend of correction prevailed in the Tokyo market today. Although the price fell below the mid-143 yen level in the London market yesterday, US Fed Chairman Jerome Powell reiterated his positive attitude toward aggressive interest rate hikes in the […]
Pay attention to the ECB Governing Council and Fed Chair Powell’s speech
Yesterday, the dollar/yen exchange rate fell to the 143 yen level after trading close to 145 yen. This week’s rapid appreciation of the dollar and depreciation of the yen were adjusted. Two major events are scheduled for today, the ECB Governing Council meeting and the speech by FRB Chairman Jerome Powell. Today’s event is getting […]
Last week, a series of weak PMI announcements
In the latter half of last week, weak PMIs from Europe and the United States were announced one after another. The market was nervous each time, with the worsening business sentiment in Europe such as Germany selling euros and buying dollars, and the sharp deterioration of US non-manufacturing PMI selling dollars and buying euros. The […]
The day before the ECB board meeting, the prospect of a 0.5% rate hike is half and half, and we are ready to move to either side.
The euro market was booming yesterday in the information about the ECB board. In some reports, ECB officials said the board would discuss the 0.5% rate hike more seriously than ever before. Since the consensus was a 0.25% rate hike in the market, there is a history of a sudden increase in euro buying. However, […]
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 […]
Euro is strong, ECB officials suggest a 0.5 percentage point hike in September
In the early part of London, the euro was appreciating along with the depreciation of the yen and the dollar. Central Bank Governor Kazimir Slovakia and Governor Lane Finland have suggested a 0.50 percentage point hike in September, and euro buying and yen selling are pushing up the euro. The euro-yen has risen to 143.21 […]
Today is the ECB board, the market is expected to raise interest rates in July, but the strength of the stance is unclear
The results of the ECB Board of Directors will be announced today. This time, the policy interest rate is expected to remain unchanged. However, the start of rate hikes from July is already being factored in. The strength of future rate hike routes will be the focus of attention. Hawk members such as the German […]
In the early part of London, Euro buying predominance, Lagarde remarks
Euro buying is predominant in the early stages of London. ECB President Christine Lagarde’s remarks accelerated euro buying, as the German Ifo Business Confidence Index rose unexpectedly to 93.0 in May. The Governor said the ECB is likely to break out of negative interest rates by the end of the third quarter. He clarified the […]
Nervous market prices are likely to continue toward the weekend, and there are few index announcements today.
In the overseas market after this, the nervous market is likely to continue toward the weekend. There are few major economic indicator announcements that can be used as clues today. Eurozone consumer confidence and breaking news (May) will be announced. While the central banks of each country took a monetary tightening stance in response to […]