Today’s Market Outlook Yen Buying and Dollar Buying Intersect as Geopolitical Risk and Equity Weakness Create Nervous Trading Conditions
Today’s Market Outlook Yen Buying and Dollar Buying Intersect as Geopolitical Risk and Equity Weakness Create Nervous Trading Conditions Market Overview The Tokyo market is seeing a somewhat complex mix of simultaneous yen buying and U.S. dollar buying. The main trigger for yen buying was a comment from Economic and Fiscal Policy Minister Kiuchi. He […]
Watching the Trends of Dollar Strength and Yen Weakness, Focus on US Trade Balance and Comments from US Financial Officials
The Tokyo market saw a prevailing trend of yen selling. The announcement of Japan’s real wages being negative for the 15th consecutive month in the morning has contributed to speculation of continued easing by the Bank of Japan. However, there also seem to be risks regarding the sustainability of the yen’s depreciation. It has […]
Can the US trade balance be maintained on a touchstone day today?
It looks like today will be a touchstone day for understanding market sentiment as to whether the trend of the dollar’s depreciation will continue. Dollar buying intensified immediately after the release of last weekend’s U.S. jobs report, which surpassed expectations in the number of employees. However, there is a history of being pushed back by […]