Search results for "VEN"
07:44

Analyst: Bank of Japan Unwilling to Raise Rates Quickly, Yen Still Has No Breathing Space

The Bank of Japan is unwilling to raise interest rates, the real interest rate is low, the US interest rate is high, which makes the yen weak. The Bank of Japan lacks a sense of urgency, and the yen still has no breathing room. Although the US dollar has supported the strength of the USD/JPY exchange rate, the fundamental reason for the weakness of the yen is the low real interest rate in Japan. In the current situation, the yen will continue to be on the defensive.
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09:39
Gold Ten data June 14th news, analyst Ven Ram pointed out that foreign exchange traders are disappointed that the Bank of Japan has not indicated how it will reduce bond purchases, which will put the yen at a disadvantage. Considering the weakness of the yen over the years and the extent to which it is affected by interest rate differentials, the Bank of Japan cannot give orders. Therefore, disappointing the market means that the yen must pay the price of continued weakness. As long as the US economy remains strong, the yield differential adjusted for inflation will expose the yen to risks. Some people had expected the Bank of Japan to draw a bottom line for the yen's weakness by proposing a plan to reduce bond purchases, so they feel that the fate of the yen has been postponed again.
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