USD/JPY bears have moved in ahead of the big day, the Fed By ross_burland USDJPY Currencies DollarIndex Fed BOJ
Fed is expected to raise rates by 50bp at its 3-4 May meeting and announce quantitative tightening.
With the help of a dovish Bank of Japan, the pair traded at a new high at 131.25 last week from which the bulls threw in the towel taking profits into month-end. However, by sticking with ultra-loose policy, the BoJ cannot expect anything except further yen weakness in the face of a hawkish Federal Reserve.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Euro Forecast: EUR/USD Selloff Stalls Ahead of Fed Rate DecisionThe Federal Reserve interest rate decision is likely to sway EUR/USD as the central bank is widely expected to normalize monetary policy at a faster pace. Get your weekly Euro forecast from DavidJSong here:
Les mer »
Fox's Maria Bartiromo Fed Trump Questions Before Interview, Texts Reportedly ShowThe Fox News host leaked what she'd ask the then-president to then-White House chief of staff Mark Meadows, according to messages obtained by CNN.
Les mer »
Mission Fed Art Walk Returns to San Diego This WeekendThe popular Mission Fed Art Walk returns to San Diego in person at its normal time for the first time since the pandemic began.
Les mer »
With an 'Aggressive' Fed Rate Hike Expected Next Week, Stocks and Crypto Markets Lose Billions – Market Updates Bitcoin NewsThis Wednesday, Federal Reserve policymakers are expected to raise the benchmark interest rate aggressively. Economics Gold Stocks Crypto
Les mer »