Fundamental view: USD traded strongly against the yen the course of the week, to pierce the ¥109 level. This is probably not about the US dollar, but because of the Japanese yen as it is getting hammered by several different currencies right now. In Japan, the BOJ has kept monetary policy unchanged as universally anticipated. [...]
Fundamental view: The US dollar has drastically fell against the Japanese yen in the past week. US Dollar weakness was a primary theme is the reason behind this trend.US dollar fell because the bond yield markets are going crazy occasionally. As US rates have eased, helped along by a Federal Reserve that’s confident in both rates and inflation [...]
Fundamental view: The US dollar has pulled back significantly during the course of the week to test the ¥109 level for support. With following the bouncing yields, the fall for the first four days as US Treasury yields saw their deepest losses in a month then rebounded as the credit market reversed on Friday. On [...]
Fundamental view: The US dollar has fallen significantly during the week to reach down towards the ¥109 level. On Wednesday, the US Federal Reserve published the Minutes of its March meeting, reiterating that the accommodative monetary policy will remain in place until substantial further progress is achieved on their employment and inflation goals. The document was no surprise and [...]
