Inflation, Yen Intervention, Gold, Oil and TSX Venture: Market Outlook
6 Articles
6 Articles
Inflation, Yen Intervention, Gold, Oil and TSX Venture: Market Outlook
This past week saw the release of the U.S. inflation numbers. They were subdued but remain well above Fed targets. If the war heats up again, oil prices will rise (they did this past week) and inflation could tick higher again. Canada releases its inflation numbers this coming week. The Japanese yen has become a hot topic. We take another look. The attempt to raise the yen was a coordinated intervention from the BOJ and the U.S. Treasury. Highly…
Why Did the U.S. and Japan Intervene in the Foreign Exchange Market?
The United States and Japan recently took coordinated action in the foreign exchange market, purchasing yen in an effort to support the Japanese currency after it fell to its weakest level against the U.S. dollar in roughly four decades. The unusual move highlights the importance of exchange rates not only for financial markets, but also for the wider economy.The coordinated intervention came after the yen had weakened sharply against the dollar…
Japan and the USA are trying to support the yen. The march should win again this time. An expert delivers a brilliant classification. The post-Yen purchases: "The biggest currency intervention of all time fails" appeared first on financial marketwelt.de.
The U.S. intervention in the Japanese exchange market marked a significant change in Washington's policy and investors should take seriously the possibility of its re-intervention, according to an analysis by Bank of America (BofA).The coordinated transaction to buy yen was the first carried out by the U.S. Treasury since 1998.For BofA, it was a “significant” event and a sign that the U.S. authorities are willing to re-act if they consider that …
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