Forex Market Update: Japanese Yen and Swiss Franc Slow Appreciation After Iran Announcement

Forex Market Update: Japanese Yen and Swiss Franc Slow Appreciation After Iran Announcement

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

European Central Bank Hints at Possible Rate Cut Soon: President Lagarde’s Statement and Outlook for Inflation and Economy

European Central Bank Hints at Possible Rate Cut Soon: President Lagarde’s Statement and Outlook for Inflation and Economy

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

Deutsche Bank Survey: Consumer Skepticism Towards Bitcoin Receding, Prices Expected to Plummet by End of Year

Deutsche Bank Survey: Consumer Skepticism Towards Bitcoin Receding, Prices Expected to Plummet by End of Year

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 Discusses Potential Monetary Policy Shift: Full Details and Analysis

Bank of Japan Governor Kazuo Ueda Discusses Potential Monetary Policy Shift: Full Details and Analysis

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

Yen Depreciates: Bank of Japan Slowly Normalizing Financial Policies – Latest Updates

Yen Depreciates: Bank of Japan Slowly Normalizing Financial Policies – Latest Updates

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

Federal Reserve Chairman Signals Confidence in Inflation Decline, Leading to Weaker Dollar

Federal Reserve Chairman Signals Confidence in Inflation Decline, Leading to Weaker Dollar

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

Dollar Rises Against Euro and Yen: Investors Eye Inflation Data and Fed Rate Cuts

Dollar Rises Against Euro and Yen: Investors Eye Inflation Data and Fed Rate Cuts

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

Federal Reserve reveals concerns about premature interest rate cut; dollar index falls – New York foreign exchange market – Reuters

Federal Reserve reveals concerns about premature interest rate cut; dollar index falls – New York foreign exchange market – Reuters

In the New York foreign exchange market, the dollar index fell. The minutes of the meeting released by the US Federal Reserve (Fed) revealed that, as expected, concerns about a premature interest rate cut were expressed. Photographed in March 2023 (2024 Reuters/Dado Ruvic) NEW YORK (Reuters) – At the New York foreign exchange market, the … Read more

Finance Minister Suzuki Dismisses Link between Bank of Japan’s Policies and Deflation End

Finance Minister Suzuki Dismisses Link between Bank of Japan’s Policies and Deflation End

On February 16, Finance Minister Shunichi Suzuki stated at the House of Representatives Finance and Financial Services Committee regarding the relationship between the Bank of Japan’s monetary policy changes and the decision to end deflation, “The government cannot comment on whether or not ending deflation will be linked to the lifting of negative interest rates.” … Read more

Reserve Bank of Australia (RBA) maintains hawkish bias, Australian dollar valuation updates

Reserve Bank of Australia (RBA) maintains hawkish bias, Australian dollar valuation updates

[Tokyo, 8th]- At its board meeting on the 6th of this week, the Reserve Bank of Australia (RBA) announced that it would leave policy unchanged, but maintained its tightening bias. The Australian dollar is expected to recover against the US dollar in the medium to short term, and in the meantime, it is likely to … Read more