Indonesia

2025-02-05 21:27

Industry"USD Declines as BOJ Signals Possible Rate Hike"
Looking at the major currency pairs, the snapshot of the USDJPY shows a decline of -1.02%. That is the biggest mover. The USD is also down -0.60% vs the NZD and -0.43% vs the AUD. Trump and Xi did not speak yesterday after 10% tariffs were applied to China (and Hong Kong too). Bank of Japan Policy Head Kazuhiro Masaki emphasized that underlying inflation in Japan is gradually moving toward the 2% target, though it remains below that level for now. He attributed recent price increases primarily to cost-push factors, such as higher import costs driven by a weak yen, but expects these pressures to ease over time. While services prices are rising moderately, the BOJ plans to maintain accommodative monetary conditions to support economic activity. However, Masaki noted that the BOJ is prepared to raise interest rates further if underlying inflation accelerates as projected. That helped to send the JPY higher/USD lower. The EU warned that they would target US big tech if Trump announces tariffs on their goods. #SeputarTrading #ForexTrick
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"USD Declines as BOJ Signals Possible Rate Hike"
Indonesia | 2025-02-05 21:27
Looking at the major currency pairs, the snapshot of the USDJPY shows a decline of -1.02%. That is the biggest mover. The USD is also down -0.60% vs the NZD and -0.43% vs the AUD. Trump and Xi did not speak yesterday after 10% tariffs were applied to China (and Hong Kong too). Bank of Japan Policy Head Kazuhiro Masaki emphasized that underlying inflation in Japan is gradually moving toward the 2% target, though it remains below that level for now. He attributed recent price increases primarily to cost-push factors, such as higher import costs driven by a weak yen, but expects these pressures to ease over time. While services prices are rising moderately, the BOJ plans to maintain accommodative monetary conditions to support economic activity. However, Masaki noted that the BOJ is prepared to raise interest rates further if underlying inflation accelerates as projected. That helped to send the JPY higher/USD lower. The EU warned that they would target US big tech if Trump announces tariffs on their goods. #SeputarTrading #ForexTrick
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