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Good morning to all moomoo users!Here's an overview of this morning's turnaround. Thank you in advance.
Market Overview
Today's Nikkei Stock Average began at 38833.90 yen, 29.25 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2754.00, 13.81 points higher.
Top news
Exchange traders who are unfazed by market intervention risks, with a view to 170 yen
Traders who anticipate a further depreciation of the yen are unfazed by the possibility that the Japanese currency authorities will step through yen buying intervention, and there is a risk that the yen will fall to the level of appreciation of the dollar and depreciation of the yen since 1986. According to Sumitomo Mitsui DS Asset Management and Mizuho Bank, as dollars with higher yields are preferred and yen sales continue, there is a possibility that it will drop to 1 dollar = 170 yen, which is about 10 yen depreciation from the current level.
RELATED ARTICLES
The yen is in the latter half of the 159 yen range, and there is a temporary sudden rebound and nervous developments overseas - intervention vigilance intensifies
Japan's basic fiscal balance, forecast that the target for the next fiscal year will not be reached = Moody's
Christian de Guze, an analyst in charge of Japan's sovereign ratings at the US rating company Moody's...
Market Overview
Today's Nikkei Stock Average began at 38833.90 yen, 29.25 yen higher than the previous business day, and the Tokyo Stock Price Index (TOPIX) started at 2754.00, 13.81 points higher.
Top news
Exchange traders who are unfazed by market intervention risks, with a view to 170 yen
Traders who anticipate a further depreciation of the yen are unfazed by the possibility that the Japanese currency authorities will step through yen buying intervention, and there is a risk that the yen will fall to the level of appreciation of the dollar and depreciation of the yen since 1986. According to Sumitomo Mitsui DS Asset Management and Mizuho Bank, as dollars with higher yields are preferred and yen sales continue, there is a possibility that it will drop to 1 dollar = 170 yen, which is about 10 yen depreciation from the current level.
RELATED ARTICLES
The yen is in the latter half of the 159 yen range, and there is a temporary sudden rebound and nervous developments overseas - intervention vigilance intensifies
Japan's basic fiscal balance, forecast that the target for the next fiscal year will not be reached = Moody's
Christian de Guze, an analyst in charge of Japan's sovereign ratings at the US rating company Moody's...
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