USD/JPYhas drifted lower as a result of the USD’s decline. The decline began after the Bank of Canada’s 100 bps rate hike last Thursday. This morning the dollar has continued the move lower and will mark a third successive day of decline. Sentiments hint at a continued low of the US dollar despite the significant short positioning and the fact that it has been doing well in the markets.
The market has taken advantage of the FOMC media blackout period by clawing back prior losses.
Looking ahead, the economic calendar produces minimum US data as we await the FOMC meeting and decision next Wednesday. In the past, statements from hawkish members of the FOMC gravitate towards accelerating rate hike odds and dollar valuations. However, because the rate-setting committee is in its usual media blackout period, markets have seemingly taken the opportunity to gain grounds against the US dollar. Markets will look out for the Bank of Japan’s (BoJ) quarterly report as there is no expectation for a move on the interest rate front.
This Post Has 4 Comments
Sunwin là cổng game bài đổi thưởng uy tín số 1 châu Á trong nhiều năm qua. Các trò chơi hiện đại, đẳng cấp được thiết kế công phu và đã trải qua nhiều lần nâng cấp. Đa số người dân Việt Nam đều gắn bó với cổng game lớn này vì nhiều lý do, trong đó điều quan trọng nhất đó là các trò chơi dễ, và nạp rút tiền rất là nhanh.
https://sunwin90.vip/
Alors que la technologie se développe de plus en plus vite et que les téléphones portables sont remplacés de plus en plus fréquemment, comment un téléphone Android rapide et peu coûteux peut – Il devenir un appareil photo accessible à distance ? https://www.xtmove.com/fr/using-android-mobile-phone-for-remote-monitoring-and-shooting/
Wow, superb blog format! How lengthy have you ever been blogging
for? you make running a blog look easy. The entire look of your web site is excellent, as well as the content!
You can see similar here dobry sklep
793123 vix 75 is pushing upwards thus the daily candle is likely to close at 793123 before dropping for a retest for the long buy run