2023-04-24 23:46:30
When the foreign exchange market traded lightly,dollar indexIt fell to a more than one-week low on Monday, as investors continued to price in expectations that the Federal Reserve would start cutting interest rates later this year following raising them next week. At the same time, the market is paying close attention to the Bank of Japan’s meeting this Friday (28th), which is also the first interest rate meeting of new President Kazuo Ueda following taking office.JPYWeakened slightly.
ICE, which tracks the dollar once morest six major currencies, in late U.S. trade dollar index (DXY) fell 0.49% to 101.32, the lowest since April 14.
After Bank of Japan President Kazuo Ueda said on Friday (21st) that he would continue to maintain the loose policy,JPYIt fell nearly 0.5% in intraday trading on Monday, and the depreciation converged to less than 0.1% in late trading, at 134.1 JPYAgainst 1 dollar.
The Bank of Japan is scheduled to hold the first interest rate meeting following the new president takes office on Friday (28th). The market generally expects Ueda to maintain the current yield curve control policy (YCC) unchanged.
EURIt rose more than 0.5% to US$1.1045, returning to the US$1.1 level following April 14. A survey released on Monday showed that Germany’s IFO business sentiment index edged up to 93.6 in April.
The European Central Bank (ECB) will hold an interest rate meeting next week, and the market expects to raise interest rates by 1 yard or 2 yards,EURRegional inflation and economic growth data will also be released this week.
“It’s the calm before the storm, with the ECB and Fed meeting next week and U.S. jobs data. If investors were betting big that early on, I would Surprised.”
Ahead of the Fed and ECB meetings, market participants will first look to U.S. first-quarter gross domestic product (GDP) and personal consumption expenditures price index (PCE), due this week, for evidence of a slowing economy and sticky inflation, and to Digging for clues regarding the Fed’s policy path.
The Swedish krona rose more than 0.5 percent to 10.2456 per dollar. The Riksbank will hold a policy meeting on Wednesday (26th), but Barclays believes that even if the central bank raises interest rates by 2 yards, it is unlikely to limit the downward trend of the krona.
In terms of other currencies,Australian dollarIt edged up 0.05 percent to $0.6694,source of stringThe dollar rose more than 0.4 percent to $0.6163, with the dollarswiss francIt was down nearly 0.6 percent to 0.8871 Swiss franc.
bitcoinIt fell to a four-week low on Monday, struggling to extend its momentum from breaking through the $30,000 mark earlier this month. before the deadline,bitcoinfell 0.4 percent to $27,522,EthereumIt fell more than 1% to 1,843 US dollars.
As of regarding 7:00 Taiwan time on Tuesday (25th) Price:
- dollar indexAt 101.32. -0.49%
- EURExchange rate once morest US dollar (EUR/USD) 1 EURAgainst $1.1044. +0.51%
- GBPExchange rate once morest USD (GBP/USD) 1 GBPAgainst $1.2484. +0.38%
- Australian dollarExchange rate once morest U.S. dollar (AUD/USD) 1 Australian dollarAgainst $0.6693. +0.04%
- US dollar once morestCanadian Dollars (USD/CAD) exchange rate quoted 1 US dollar to 1.3541 Canadian Dollars。+0.04%
- US dollar once morestJPY (USD/JPY) Exchange rate quoted 1 US dollar to 134.19 JPY。+0.07%
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