简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Powered by WikiFX
Even though Japan's GDP is low, the yen goes up.
Despite Japan's economy contracting by 1.6% in the fourth quarter of 2022, the yen has jumped in value against major currencies. The unexpected rise in the yen is attributed to anticipation surrounding the Bank of Japan's (BOJ) monetary policy decision, scheduled to be announced tomorrow.
Many experts believe that the BOJ will maintain its ultra-loose monetary policy, which includes negative interest rates and massive asset purchases, in order to support the country's struggling economy.
Investors are closely watching the BOJ's decision, as any deviation from expectations could have significant impacts on the yen's value and the wider global financial market.
The yen's recent surge may also be reflective of broader concerns about the global economy, including rising inflation and supply chain disruptions. As such, the BOJ's decision tomorrow will be closely scrutinized by investors and economists alike.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Morgan Stanley secures regulatory approval to enter China's futures market, expanding its presence and joining J.P. Morgan in the rapidly growing derivatives sector.
When a country’s currency appreciates or depreciates in value, it reflects the underlying shifts in its economy and global market dynamics. For forex traders, understanding what drives these fluctuations—and how to strategically prepare for them—can make the difference between profit and loss in an ever-volatile market.
Hong Kong is strengthening its position as a fintech leader with the introduction of new policies that support artificial intelligence (AI) integration in the financial sector and explore tax breaks for virtual asset investments.
In this article, we’ll explore how inflation affects forex prices globally, the relationship between inflation and currency value, and why traders monitor inflation closely.