NY Market Summary (29th) S&P and NASDAQ rise, yield decline, dollar stable
NY Market Summary (29th) S&P and NASDAQ rise, yield decline, dollar stable
July 30, 2024 7:07 AM GMT+9 (some excerpts)
＜Exchange＞ The dollar has remained stable. In addition to the US Federal Open Market Committee (FOMC) to be held within the week, attention is drawn to the monetary policy decisions of the Bank of Japan and the Bank of England (Anglo-Central Bank), and US employment statistics to be announced on August 2.
At the end of trading, the dollar index rose 0.18% to 104.56.
The dollar/yen rose 0.13% to 153.995 yen. Although the dollar fell 0.49% at one point, it turned back around.
The pound/dollar depreciated 0.01% to 1.28645 dollars.
There are many views in the market that the Anglo-Central Bank will cut policy interest rates by 0.25 percentage points at the Monetary Policy Committee (MPC) on August 1 to 5%. British bond yields declined in trading on the 29th, putting pressure on the pound.
July 30, 2024 7:07 AM GMT+9 (some excerpts)
＜Exchange＞ The dollar has remained stable. In addition to the US Federal Open Market Committee (FOMC) to be held within the week, attention is drawn to the monetary policy decisions of the Bank of Japan and the Bank of England (Anglo-Central Bank), and US employment statistics to be announced on August 2.
At the end of trading, the dollar index rose 0.18% to 104.56.
The dollar/yen rose 0.13% to 153.995 yen. Although the dollar fell 0.49% at one point, it turned back around.
The pound/dollar depreciated 0.01% to 1.28645 dollars.
There are many views in the market that the Anglo-Central Bank will cut policy interest rates by 0.25 percentage points at the Monetary Policy Committee (MPC) on August 1 to 5%. British bond yields declined in trading on the 29th, putting pressure on the pound.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
