EUR/JPY surges to near 141.40 on advancing hawkish ECB bets
06.06.2022, 23:41

EUR/JPY surges to near 141.40 on advancing hawkish ECB bets

  • EUR/JPY has given an upside break of 140.96-141.16 range ahead of the ECB’s interest rate decision.
  • To tame the roaring inflation, the ECB is likely to announce a rate hike.
  • The eurozone GDP is seen unchanged while Japan’s annual GDP could tumble.

The EUR/JPY pair has imbalanced after displaying a balanced market profile in a narrow range of 140.96-141.16 in the Asian session. The cross is witnessing a sheer upside rally from the last week as investors are underpinning the shared currency bulls against the Japanese yen as a divergence in the European Central Bank (ECB) and Bank of Japan (BOJ) is expected to initiate sooner.

The ECB and BOJ have remained dedicated to an ultra-loose monetary policy in order to keep pushing the aggregate demand higher. Now, the ECB is expected to turn the wheel and may announce a rate hike on Thursday. Mounting price pressures amid ongoing tensions between Russia and Ukraine are forcing the ECB to dictate a rate hike in its monetary policy this week.

Apart from that, Eurostat will report the Gross Domestic Product (GDP) numbers on Wednesday. The quarterly and annualized figures are expected to remain unchanged at 0.3% and 5.1% respectively.

On the Tokyo front, the BOJ is gauging ways to elevate its inflation rate. The BOJ is continuously advocating a combination of wage hikes along with the price rise to keep inflation at desired levels.  Going forward, investors’ focus will remain on the release of Wednesday’s GDP numbers. The annualized GDP is seen as stable at -1%, however, the quarterly GDP could tumble to -0.3% against the prior print of -0.2%.

 

 

 

© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik