Despite such a rate hike, the yen did not appreciate and instead depreciated. In the end, the difference in interest rates between Japan and the United States may not be very relevant. Ultimately, the rate hike by the Bank of Japan alone may be the problem.
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Riresa
OP
:
According to Mr. Powell's statement, he mentioned that in the future, the interest rate cuts will remain moderate and the economic recession will not be severe. So, the dollar might not be strong. By the way, there will be no rate hike in tomorrow's Bank of Japan meeting. It seems that we will know during the press conference. If the press conference is in the afternoon, such as 1 o'clock or 2 o'clock, the conversation tends to be longer.
失金狼売キング : The dollar is collapsing, 142 cracking is certain
Isn't it going to split 140 tonight and become an offensive and defensive position?
Riresa OP : According to Mr. Powell's statement, he mentioned that in the future, the interest rate cuts will remain moderate and the economic recession will not be severe. So, the dollar might not be strong. By the way, there will be no rate hike in tomorrow's Bank of Japan meeting. It seems that we will know during the press conference. If the press conference is in the afternoon, such as 1 o'clock or 2 o'clock, the conversation tends to be longer.