USD/JPY licks Fed-inflicted wounds at six-week low under 131.00 as yields stay weak – by anilpanchal7 USDJPY YieldCurve Fed RiskAversion BOJ
Yields remain pressured amid dovish Fed hike, banking sector turmoil.Second-tier data, risk catalysts can entertain Yen pair sellers ahead of Friday’s Japan inflation.picks up bids to pare intraday losses around 130.80 amid early Thursday morning in Europe. In doing so, the Yen pair bounces off a six-week low marked earlier in the day as traders seek more clues to extend the Federal Reserve induces moves.
On the same line are Citibank CEO Jane Fraser’s efforts to placate market fears while saying, "This is not a credit crisis. This is a situation where it's a few banks," per Bloomberg. It should be noted that multiple central bank officials have also tried their hands to rule out fears of the 2008 crisis earlier but have failed so far.
Fed confirmed the market’s expectations of announcing a 0.25% rate hike but failed to convince the policy hawks and drowned the yields, as well as the US Dollar. The reason could be linked to the statements saying, “Some additional policy firming may be appropriate,” instead of previous remarks like “Ongoing increases in the target range will be appropriate.”and US Treasury Secretary Janet Yellen’s comments triggered the market’s pessimism.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
USD/JPY finds stability near 132.50, as market eagerly awaits the Fed’s decisionUSD/JPY finds some respite on the back of rising US Treasury (UST) bond yields. U.S. Treasury Secretary Janet Yellen informed bankers on Tuesday that
Leer más »
USD/JPY wavers around 132.50 mark, as market braces for Fed actionUSD/JPY hovers around the 132.50 level amid softer US Treasury (UST) bond yields and calmer US futures. On Tuesday, US Treasury Secretary Janet Yellen
Leer más »
USD/JPY consolidates around mid-132.00s, just below weekly high ahead of the FedUSD/JPY consolidates around mid-132.00s, just below weekly high ahead of the Fed – by hareshmenghani USDJPY RiskAppetite Fed InterestRate Currencies
Leer más »
Fed Preview: Three scenarios and their implications for EUR/USD and USD/JPY – TDSEconomists at TD Securities discuss the Federal Reserve interest rate decision and its implications for EUR/USD and USD/JPY. Hawkish (20%) “The FOMC d
Leer más »
USD/JPY drops on the dovish Fed 25 bp rate hikeUSD/JPY is under pressure as the Federal Reserve drives markets to reprice interest rate expectations due to a dovish rate hike of just 25 basis point
Leer más »
USD/JPY faces barricades around 131.50 as solid Yen’s appeal impedes Fed’s rate hikeUSD/JPY faces barricades around 131.50 as solid Yen’s appeal impedes Fed’s rate hike – by Sagar_Dua24 USDJPY Fed DollarIndex RiskAversion Inflation
Leer más »