Analyzing the Impact of the Fed Statement on the Dollar and Yen: A Macro View

Key Takeaways πŸ’΅ Dollar slipped and yen strengthened after Fed kept interest rates steady πŸ“ˆ Fed projected three U.S. rate cuts this year despite elevated inflation πŸ“Š Updated economic projections show upgraded outlook for U.S. economy 🌐 Global FX strategist emphasizes Fed Chair Powell’s confidence in inflation outlook πŸ“‰ Dollar index eased, yen rebounded as … Read more

Currency Market Updates: Dollar and Yen Weakness Continues While Bank of Canada and UK Prime Minister Address Economic Confidence

Key Takeaways: πŸ’΅ The dollar slipped after the Fed’s interest rate decision πŸ“‰ The yen weakened towards multi-decade lows 🏦 Fed projected three rate cuts this year despite elevated inflation πŸ“Š Dollar index fell slightly, while yen weakened at 151.69 per dollar πŸ’‘ Nvidia unveiled a new AI chip and partnerships at its developer conference … Read more

Yen teeters on brink of intervention as dollar strengthens ahead of Fed meeting

Key Takeaways: πŸ’΅ The U.S. dollar is strengthening against the yen, reaching a multi-month low. πŸ“‰ Analysts predict further downside risks for the yen due to yield differentials and a potentially hawkish Fed. πŸ‡―πŸ‡΅ Barclays and BofA highlight intervention levels for yen to dollar at 152 to 155 yen. πŸ“‰ Yen weakens against euro and … Read more

Sterling slips as Dollar strengthens ahead of Fed decision and FOMC meeting

Key Takeaways: πŸ’΅ Dollar strengthens ahead of the Federal Reserve announcement πŸ“‰ Sterling slips after U.K. inflation data πŸ‡―πŸ‡΅ Japanese yen continues to retreat πŸ“ˆ Traders expect the Fed to keep interest rates elevated to battle inflation πŸ—£οΈ Comments from Jerome Powell and new economic projections to provide hints on interest rate cuts πŸ‡¬πŸ‡§ Bank … Read more

Yen Continues Downward Trend as Focus Turns to Fed

Key Takeaways πŸ’Ά The yen is at a four-month low against the dollar and a 16-year low against the euro πŸ’° Bank of Japan ended negative interest rate policy but will maintain accommodative conditions πŸ“‰ Yen carry trade expected to continue due to low Japanese rates πŸ’Ή Market focused on Federal Reserve decision and Chair … Read more

Asia Markets on Edge: Dollar Rises as Yen Reaches 4-Month Low Before Fed Announcement

Key Takeaways πŸ’΅ Most Asian currencies stagnant before signals on interest rate cuts from the Federal Reserve πŸ“‰ Japanese yen continues to decline after dovish remarks from Bank of Japan 🌍 Central bank expected to keep interest rates unchanged, focus on potential rate cuts πŸ“ˆ USDJPY pair surges nearly 2% to highest level since mid-November … Read more

Japanese Yen Plummets as BOJ Adopts Dovish Stance, More Weakness Expected

Key Takeaways πŸ’° Japanese yen weakened against peers after BOJ maintained dovish outlook πŸ“‰ USDJPY surged to highest level since November, above 151 to the dollar 🌍 EURJPY rose to levels last seen during the 2008 global financial crisis πŸ’Ή Yen losses exacerbated by anticipation of a more hawkish tone from the Federal Reserve πŸ’± … Read more

Yen Slides to Four-Month Low Despite BOJ Shift, Dollar Remains Firm: A Closer Look

Key Takeaways: πŸ’΄ The yen tumbled to a four-month low after the Bank of Japan’s decision to end negative interest rates πŸ’΅ The dollar strengthened ahead of the Federal Reserve’s latest outlook for rates πŸŽ₯ Top Videos πŸ“Š All Mutual Funds available πŸ“‰ Bitcoin fell after reaching record highs due to profit-taking πŸ‡ΊπŸ‡Έ The U.S. … Read more