Dollar nervousness, rough price movements depending on the results of the Bank of Japan meeting or US FOMC assessment = this week's foreign exchange market
7/29/2024 7:44 AM GMT+9
[Tokyo 29th Reuters] - The dollar is likely to move nervously in the foreign exchange market this week. Depending on the details of the Bank of Japan monetary policy meeting and the Ueda Kazuo Governor's press conference to be held on 30-31, there is a possibility that there will be rough price movements involving price ranges. Interest is drawn to the results of the US Federal Open Market Committee (FOMC) held on 30-31 in order to predict when to cut US interest rates. It's a week with the end of the month and the beginning of the month in between, and it seems that there will also be scenes where it swings up and down due to flow.
The expected range is 151.50 to 155.50 yen for dollar/yen and 1.0700-1.1000 dollars for euro/dollar
[Tokyo 29th Reuters] - The dollar is likely to move nervously in the foreign exchange market this week. Depending on the details of the Bank of Japan monetary policy meeting and the Ueda Kazuo Governor's press conference to be held on 30-31, there is a possibility that there will be rough price movements involving price ranges. Interest is drawn to the results of the US Federal Open Market Committee (FOMC) held on 30-31 in order to predict when to cut US interest rates. It's a week with the end of the month and the beginning of the month in between, and it seems that there will also be scenes where it swings up and down due to flow.
The expected range is 151.50 to 155.50 yen for dollar/yen and 1.0700-1.1000 dollars for euro/dollar
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