The GBP/JPY pair has advanced sharply above 162.00 and has printed an intraday high of 162.51 on an unchanged monetary policy stance by the Bank of Japan (BOJ). The BOJ has continued its ultra-loose monetary policy stance to shore up inflation and aggregate demand in its economy. The decision of adopting a neutral stance on policy is akin to the market consensus.
The dictations from BOJ Governor Haruhiko Kuroda to ease policy further if required in order to return to pre-pandemic growth rates may bring further weakness in the Japanese yen. On the inflation front, the economy is facing the headwinds of higher commodity prices, which are hurting the real income of the households. Although weakening yen will elevate corporate profits as exports will be cheaper but its impact on the economy will also elevate. On the inflation front, Board's core Consumer Price Index (CPI) median forecast for fiscal 2022 at +1.9% (not +0.9%) vs. +1.1% in Jan, still not able to compel the BOJ for a dovish tone.
Meanwhile, pound bulls have strengthened on expectations of interest rate elevation by the Bank of England (BOE) next week. The BOE is expected to raise its interest rates by 25 basis points (bps) in order to tame the galloping inflation in the UK. It is worth noting that the BOE raised its interest rates by 50 bps in its last monetary policy meeting.
© 2000-2025. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.