Month: April 2023

EUR/USD– 1.1000 (€1.1bn)– 1.1050-60 (€2.0bn)– 1.1080 (€875m)– 1.1100 (€2.2bn) USD/JPY– 133.00 ($300m)– 133.35 ($724m)– 133.60 ($327m) GBP/USD– 1.2300 (£627m) USD/CHF– 0.9005 ($800m) AUD/USD– 0.6665-75 (A$525m)– 0.6720 (A$467m) NZD/USD– 0.6050 (NZ$400m)– 0.6150 (NZ$816m) There are a couple of notable ones to take note of, as highlighted in bold. They are all for EUR/USD but the one
Bank of Japan Governor Ueda is speaking from the Japanese parliament today. appropriate to maintain YCC and easy monetary policy given current economic, price and financial developments Japan’s bond yield curve Yield Curve A yield curve is a line used to help determine interest rates of interest rates for a specific bond, differentiated by contract
Bank of Japan Governor Ueda pertinent comments were posted here: In brief: Ueda said on Monday the central bank’s inflation forecasts must be “quite strong and close to 2%” in the coming year to consider tweaking yield curve control. More: “The BOJ’s forecasts of trend inflation for half a year, one year and one-and-a-half years
MON: German Ifo Survey (Apr). TUE: Riksbank Announcement, South Korean GDP (Q1), US Richmond Fed Index (Apr), New Zealand Trade Balance (Mar) WED: BoC Minutes, Australian CPI (Mar/Q1), US Durable Goods (Mar). THU: CBRT Announcement, EZ Business Climate (Apr), US GDP Adv. (Q1)/ PCE Prices Adv. (Q1). FRI: BoJ Announcement and Outlook Report, Eurogroup meeting,