Macro
Markets said that the short -term Sino -US economic cycle is still under misplaced, and the slowdown pressure of the US dollar against the RMB is slowing from a historical perspective, unless inflation constraints and risk aversion fermentation, the apex of interest rate hikes basically corresponds to the U.S. dollar stage.
Correspondingly, in the context of unlike the interest rate hikes and the slowdown of the global financial economy, the US dollar shock has weakened but still supports.In the middle period, there may be opportunities for the US dollar index.If the financial market risks are controllable and the Federal Reserve ends interest rate hikes in the first half of the year, the probability of inflation in the second half of the year in the third quarter of last year will rise at that time, the US dollar index may be priced.
In terms of euro, the euro has recently ushered in a wave of risk -free emotions.With the gradual ease of risks, the euro was under pressure yesterday. As of the report, the euro closed at 1.0835 against the US dollar, and the daily decline was about 0.08%.
In terms of yen, the US dollar returned to the rise, and the yen was under pressure. The dollar rose against the yen yesterday, with a daily increase of 0.82%.Uchida Uchida Nakata, the new deputy governor of the Bank of Japan, said in a question in Congress that the central bank should not convey its policy decision in advance, including the adjustment of the yield curve control plan because it was determined by the policy committee meeting.This speech triggered market speculation that the Bank of Japan may temporarily adjust its yield control curve.
