Dzień: 22 lipca 2022

0 Minutes

Forex

ECB’S VILLEROY: THERE ARE NO LIMITS TO PURCHASES WITH TPI MECHANISM

James Rogers 22 lipca, 2022 0 Comment

European Central Bank (ECB) policymaker Francois Villeroy de Galhau speaks about the central bank’s new anti-fragmentation tool announced on Thursday. KEY QUOTES “There are no limits to purchases with TPI mechanism.” “ECB will be...

1 Minute

Forex

USD/JPY STALLS INTRADAY RECOVERY FROM WEEKLY LOW, FAILS JUST AHEAD OF 138.00 MARK

James Rogers 22 lipca, 2022 0 Comment

USD/JPY bounced off the 137.00 mark, or a one-and-half-week low touched earlier this Friday. The narrowing US-Japan bond yield differential, the caution mood benefitted the safe-haven JPY. The divergent Fed-BoJ policy stance supports prospects...

0 Minutes

Forex

Japanese investors cut thier holdings of overseas bonds for a record eighth week

James Rogers 22 lipca, 2022 0 Comment

Bloomberg note the record-breaking run of 8 weeks Japanese investors reduced their holdings of foreign bonds. Citing Fed rate hikes, accelerating global inflation sap as draining away enthusiasm for foreign debt. Those offshore bonds...

1 Minute

Forex

Lagarde’s at the wheel and it’s as messy as ever for the ECB

James Rogers 22 lipca, 2022 0 Comment

A couple of key takeaways from the ECB yesterday: Forward guidance is irrelevant; whatever the central bank preached in June is all out the window and future policy decisions have now moved on to...