Deutsche Bank says the conditions for a big dollar downtrend have not yet been met, even if the Fed cuts as much as the markets currently anticipate.
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The Japanese Yen fell by over half a per cent after the Bank of Japan maintained settings at its December policy update and gave no indication it was close to exiting its Negative Interest Rate Pol…
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The dollar seems to be stabilising, trading nearly unchanged from Friday’s close against all the other major currencies except the yen.
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The Japanese Yen rallied by a per cent against the major currencies after Bank of Japan Governor Kazuo Ueda said policy management would "become even more challenging from the year-end and heading …
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There is the potential for a further slide in the value of the U.S. Dollar against the Yen before the retracement is complete and another run higher begins.
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