Welcome to the Artificial Intelligence Outlook for Forex trading. https://www.youtube.com/watch?v=7lTlfnauH1w VIDEO TRANSCRIPT U.S. Dollar Index Okay, hello everyone, and welcome back! My name is Greg Firman, and this is the ...
Japanese stock futures slid, while the yen rallied, after Shigeru Ishiba was elected leader of the ruling Liberal Democratic Party. The former defense minister has voiced support for the Bank of Japan’s move to gradually raise interest rates. The 67-year-old narrowly beat Sanae Takaichi, who opposed the Bank of Japan's recent rate hike and favors Abenomics-style policies—the combination of monetary easing and large fiscal stimulus championed by late Prime Minister Shinzo Abe.
A deep dive into what's moving markets and happening across the global economy.
Japan is set to get a new leader and the market seems to be betting he will be hawkish on monetary policy as the yen strengthened sharply. Shigeru Ishiba narrowly won a vote in the ruling Liberal Democratic Party on Friday to become party leader, and the LDP-controlled parliament will meet Tuesday to elect him prime minister.
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A deep dive into what's moving markets and happening across the global economy.
- The Federal Reserve has started its rate-cutting cycle, and Bank of America Securities continues to expect modest US dollar downside going into 2025. “Although the...
Citi has updated its forecast for the USD/JPY, providing insights into the pair’s trajectory for both the medium-term and long-term. The bank’s strategists...
- The US dollar has weakened against most major currencies in the wake of the Federal Reserve’s dovish shift, and further falls lie ahead, according to Capital...
- Markets appear to have bought into the “soft landing” narrative after the Federal Reserve’s hefty interest rate cut, but Bank of America Securities remains a seller...