The yen is in the middle of the 146 yen range against the dollar, so be wary of stock depreciation even though Bank of Japan's pigeon faction statements are heavy
2024/8/8 7:28 JST (some excerpts)
The yen exchange rate of the Tokyo Foreign Exchange Market on the morning of the 8th remained flat from the evening before, with 1 dollar = in the middle of the 146 yen range. In overseas markets, the trend of yen sales in response to pigeon statements from Bank of Japan Vice Governor Uchida Shinichi continued, and the rise in long-term interest rates in the United States supported the dollar. Meanwhile, while the unstable situation continues, such as US stocks falling, it seems that the reversal of yen sales positions due to deterioration in investor sentiment will also be wary.
The yen exchange rate of the Tokyo Foreign Exchange Market on the morning of the 8th remained flat from the evening before, with 1 dollar = in the middle of the 146 yen range. In overseas markets, the trend of yen sales in response to pigeon statements from Bank of Japan Vice Governor Uchida Shinichi continued, and the rise in long-term interest rates in the United States supported the dollar. Meanwhile, while the unstable situation continues, such as US stocks falling, it seems that the reversal of yen sales positions due to deterioration in investor sentiment will also be wary.
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codeOZ(家長) : Without this quick return of depreciation of the yen, stock prices would be roughly as expected from past charts. This volatility is an opportunity, but there's no point in getting tattered until you get to the bottom. Tell them that if you wait, you're sure to win, and I'll put up with irregularities![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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