Fundamental view: The US dollar climbed higher against its yen counterpart during the trading course of the week. The monetary policy divergence between the Fed and the BOJ is the major catalyst behind the USD/JPY bulls. The US dollar was the most sought currencies due to the aggressive rate hike expectation from the fed. The [...]
Fundamental view: The US dollar edged higher against the Japanese yen during the trading course of the week. The Fed- BoJ monetary policy divergence was the key catalyst in the uptrend of the quote. Hawkish comments from fed policymakers favored the US dollar. St Louis Federal Reserve President James Bullard said the bank should not rule [...]
Fundamental view: US dollar rallied against the Japanese yen during the trading course of the week. The hawkish fed and Risk sentiment due to the Ukraine war boosted the greenback. The Fed policymakers reiterated a 50 bps rate hike in May and paved the way for a reduction of the balance sheet .New York Fed [...]
Fundamental view: The US dollar rallied against its yen counterpart during the trading course of the week. The aggressive stance of fed policymakers was the major catalyst favoring the dollar. The Fed unveiled the monetary policy this week. Minutes from last month’s Federal Open Market Committee (FOMC) meeting made the reduction plan concrete. “Participants generally agreed [...]
