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Dollar Index And Euro-Dollar Medium-Term Forecast
Article By:
Dzmitry Chalevich
Tuesday, April 23, 2024 10:32 AM EDT
In mid-January, the main development options for this year for EUR/USD and USD/JPY were considered . At least a short-term strengthening of the dollar was expected; there were still options in the medium term.
USD/JPY Outlook: Intervention Warnings Mildly Lift Yen
Article By:
Yohay Elam
Tuesday, April 23, 2024 8:08 AM EDT
There is a bigger chance of intervention after Japan meets with the US and South Korea. The BoJ is ready to hike rates to support the yen. The yen’s decline is closely tied to the recent shift in the outlook for Fed rate cuts.
Currency Pair Of The Week: USD/JPY - Tuesday, April 23
Article By:
Fawad Razaqzada
Tuesday, April 23, 2024 7:50 AM EDT
The US dollar was in consolidation mode on Monday, but it will be looking to extend its recent gains even though we have seen a rebound in equity markets at the start of this week.