Is the trial period over?
It seems that the interest rate cut (economic stimulus) has become a certainty, and it feels like a turn to decisively move lower.
There seems to be a self-rebound, but breaking below 142 yen has become news. While steadily staying around the 140 yen level, it may swing towards yen appreciation, aiming to find a stable position.
The stock market is being led by certain financial results, so there is a forecast for a decline around Wednesday (at the earliest on Tuesday). Although today was slightly leaning towards buying, it was quite a delicate buying (or rather throwing-selling) market for a Monday.
As the dollar-denominated assets decrease and unwinding from peak stock prices progresses, when assets start moving from dollars to yen (yen buying increases), momentum may rise (it is unclear how much the yen will appreciate).
Dollar-denominated fixed deposits have high interest rates = there is principal loss due to exchange rate risk. How many people understand this trend?
Estimations and setting stop-loss are necessary to protect assets.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Bull markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria
194Followers
0Following
636Visitors
Follow