Institutions: Yen will continue to be under pressure, with the Federal Reserve's interest rate cuts and debt issues as key factors.

GoldenOctober2024

2024-11-19 09:15:56

On November 19th, Jin10 Data reported that Pepperstone analyst Wu Dulin said that the Japanese yen will continue to be under pressure. The reason is that the Central Bank of Japan is cautious about interest rate hikes, and the actual interest rate in the country is negative. He also stated that as the market gradually digests the situation of Trump’s re-election, the Fed’s interest rate cuts and debt issues may once again become key driving factors for the trend of the US dollar, which may alleviate some pressure on the yen.

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