The Dollar Index (DXY) has weakened significantly, reaching its lowest point against the Japanese Yen this year. This decline reflects broader trends in US economic indicators.
As the Fed begins its easing cycle amidst declining long-term Treasury yields and disappointing jobs data, market anticipation for a rate cut has heightened, with a 70% chance of a 25 basis point cut.
The BoJ, conversely, is signaling a potential rate hike if inflation forecasts are met, creating a contrasting monetary policy landscape that could further weaken the USD against the Yen.
Market participants are now focused on the upcoming US inflation report, which is expected to reinforce the disinflation trend, likely impacting future Fed decisions.
Collection
[
|
...
]