Kumiko Ishikawa, analist at Sony Financial Group, stated that the Japanese yen against the US dollar may experience Dalgalanma in the range of 144.50 and 151.40 this Sunday, August 19th. All eyes are on the speech of the Federal Reserve Chairman Powell at the annual Jackson Hole symposium later this week. The market has fully digested the expectation of a 25 baz puan rate cut by the Federal Reserve in September and believes that there is about a 30% chance of a 50 baz puan rate cut. This means that the dollar may experience intense Dalgalanma in either direction, depending on Powell’s comments.
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Kurum: Dolar / yen bu hafta 144.50-151.40 aralığında dalgalanmaya devam edebilir.
Kumiko Ishikawa, analist at Sony Financial Group, stated that the Japanese yen against the US dollar may experience Dalgalanma in the range of 144.50 and 151.40 this Sunday, August 19th. All eyes are on the speech of the Federal Reserve Chairman Powell at the annual Jackson Hole symposium later this week. The market has fully digested the expectation of a 25 baz puan rate cut by the Federal Reserve in September and believes that there is about a 30% chance of a 50 baz puan rate cut. This means that the dollar may experience intense Dalgalanma in either direction, depending on Powell’s comments.