Japanese yen may weaken to levels last seen more than 30 years ago if the Bank of Japan sticks to its dovish stance, according to forecasters at Goldman Sachs Group (GS).
August 29, 2023
1639
The yesterday’s Fed's policy decision interrupted a series of 10 consecutive rate hikes, but projections, or a dot plot, showed that policymakers expect 2 more hikes by the end of 2023.
June 15, 2023
1634
Japan’s yen is trading at a three-week low against the U.S. dollar and a seven-year low against the euro as long positions are being liquidated ahead of the June monetary policy meetings.
June 6, 2022
1988
Tightening monetary policy or intervening in the currency market will do little to reverse unwelcome yen declines that inflate already rising fuel and raw material prices.
March 21, 2022
2510
Now is not the time to fight Fed hawks or dollar bulls as the euro/dollar pair is back in the spotlight, but the rationale for a more promising outlook for the pair in 2022 remains unchanged as Fed and ECB policy expectations are being adjusted.
February 1, 2022
2411
The U.S. dollar hit its highest level in nearly five years against all major currencies thanks to wider expectations of the radical change in the Fed’s monetary policy.
January 7, 2022
2556
Recently, the Fx team of Bank of America published its midterm Aussie forecast.
December 27, 2021
2531
On Thursday, the Bank of England’s decision to leave the Bank’s Rate at 0.1% was not surprising at all.
November 8, 2021
2534
The Federal Reserve announced the inception of tapering of its asset purchases later in November.
November 4, 2021
2523
The Japanese yen is poised to recover some of its recent losses if the country's ruling Liberal Democratic Party votes on Wednesday to elect the head of the coronavirus vaccination department, Taro Kono, as the next prime minister, according to a recent ING report.
September 28, 2021
2578
August 4, 2021
3391
August 6, 2021
3369
July 2, 2021
3325
