Is the dollar nervous, rough price movements depending on the results of the Bank of Japan meeting? US FOMC assessment = next week's foreign exchange market

July 26, 2024 at 3:41 PM GMT+9 (some excerpts)

The dollar is likely to move nervously in the foreign exchange market next 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 forecast range is 151.50 to 155.50 yen for dollar/yen, and 1.0700-1.1000 dollars for euro/dollar.