USDJPY - Buy opportunities
Updated
Fundamental Analysis & Market Sentiments
USD *
Trump wins the Presidential Election. Economists said that
the proposed tariff will likely cause inflation uncertainties.
FED more likely will not be more aggressive by cutting
its Interest rates. This can cause to dollar be more attractive
than the other currencies.
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JPY *
The Bank of Japan (BoJ) unanimously maintained its key
short-term interest rate at around 0.25% during its October
meeting. BOJ more likely hold its interest rate hiking until
next Year.
USD *
Trump wins the Presidential Election. Economists said that
the proposed tariff will likely cause inflation uncertainties.
FED more likely will not be more aggressive by cutting
its Interest rates. This can cause to dollar be more attractive
than the other currencies.
----------------------------------------------------------------------------
JPY *
The Bank of Japan (BoJ) unanimously maintained its key
short-term interest rate at around 0.25% during its October
meeting. BOJ more likely hold its interest rate hiking until
next Year.
Trade active
USD *
The annual inflation rate in the US accelerated to 2.6% in October 2024, up from 2.4% in September. This will boost the expectation in the market to continue to price in fewer Fed cuts.
Fewer cuts means strong for USD.
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