CHF/JPY Could Fall Due to Diverging Swiss, Japanese Monetary Policy -- Market Talk

Dow Jones
2024/03/19

0824 GMT - Danske Bank Research expects CHF/JPY to fall as it forecasts an interest-rate cut from the Swiss National Bank of Thursday, in contrast to the Bank of Japan lifting interest rates out of negative territory and scrapping yield-curve control on Tuesday. "We have been calling for a spring hike from BOJ for a long time, but though it would wait until next month to push the button," Jens Naervig Pedersen, director in FX and rates strategy at Danske, says in a note. CHF/JPY rises 0.6% to 169.11, as the yen weakens broadly due to the BOJ also saying that it will continue buying government bonds and maintain accommodative financial conditions. (emese.bartha@wsj.com)

 

(END) Dow Jones Newswires

March 19, 2024 04:24 ET (08:24 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10