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 […]
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 […]