Will the dollar sell-off continue?
Dollar selling has been dominant this week. A series of remarks by the US financial authorities over the weekend made people aware of the terminal rate of interest rate hikes. The pace of rate hikes may slow down in the future, he said. The prevailing view in the market is that the interest rate hike […]
The focus is on the direction of the dollar market and the pace of rate hikes by the US financial authorities.
In the Tokyo market at the beginning of the week, the dollar-yen pair was in the low 115 yen range, the euro dollar was in the low 1.14 range, the pound-dollar pair was in the low 1.35 range, and the Australian dollar / dollar pair was in the high 0.70 range. Both have been trading […]