The dollar at one point hit 154.85 yen, the highest level in 34 years. Market participants remain aware of the possibility that the US Federal Reserve (Fed) will keep interest rates high for longer than expected, while they continue to watch for intervention from the Japanese authorities to prevent the yen from depreciating. In late … Read more
The Japanese yen and the Swiss franc, which are considered safe currencies, slowed their appreciation. This comes after Iran announced that it had no plans to retaliate against Israel. The Japanese yen and Swiss franc rose against other currencies after reports of Israeli attacks on Iran, but have since weakened. In afternoon trading, the dollar/Swiss … Read more
At its board meeting on the 11th, the European Central Bank (ECB) left its main policy interest rate unchanged as expected, but hinted at the possibility of a rate cut soon. Photographed in December 2023 (2024 Reuters/Kai Pfaffenbach) (Reuters) – The European Central Bank (ECB) left its main policy interest rate unchanged as expected at … Read more
According to a survey released by Deutsche Bank on April 8th, although consumer skepticism towards the crypto asset (virtual currency) Bitcoin has receded somewhat, just under one-third of respondents still expect to see it by the end of this year. We expect prices to plummet by then. Photo taken in Zenica, Bosnia and Herzegovina in … Read more
Bank of Japan Governor Kazuo Ueda told the House of Councilors Committee on Finance and Finance on the 9th that if the underlying inflation rate gradually increases as expected by the Bank of Japan, “we will have to consider reducing the degree of easing.” Stated. The photo shows President Ueda giving a press conference. Photographed … Read more
The yen is depreciating as the market recognizes that the Bank of Japan, which lifted negative interest rates on March 28, will move forward with financial normalization “slowly.” Photographed on the 18th in front of the Bank of Japan head office in Tokyo (2024 Reuters/Kim Kyung-Hoon) TOKYO (Reuters) – The yen is depreciating as the … Read more
The dollar has fallen across the board. Federal Reserve Chairman Jerome Powell said on Wednesday that he believes the Fed will have the confidence in the decline in inflation needed to begin cutting interest rates in the “not too distant future.” Meanwhile, the euro was flat in the early going after the European Central Bank … Read more
The dollar rose against the euro and yen. Investors adjusted their positions ahead of inflation data from Europe and the US, and portfolio rebalancing at the end of the month also had an impact. The market is paying close attention to data that could provide clues as to when the U.S. Federal Reserve will start … Read more
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Demographers and economists say European countries have been trying for years to raise birth rates without success. In the photo, Italian Prime Minister Meloni (left) and Pope Francis attend a conference on demographics. Photographed in May 2023 in Rome. Provided photo (2024 Reuters/Vatican Media) (Reuters) – For French President Emmanuel Macron, having more children is … Read more
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No one would ever accuse Sam Altman, CEO of OpenAI, the U.S. startup that sparked the artificial intelligence (AI) boom, of thinking on a small scale. The photo shows Mr. Altmann attending the World Economic Forum’s annual meeting (commonly known as Davos) held in Davos, Switzerland. Photo taken on January 18th (2024 Reuters/Denis Balibouse) NEW … Read more