Ueda Lifts Yen, Stocks Slump, Gilts Under Pressure Post-Budget
Marc Chandler
October 31, 2024
Overview: The main move in the foreign exchange market today is the recovery of the yen following what was seen as hawkish comments by BOJ Governor Ueda. Otherwise, the tone is one of consolidation. The equity market sell-off today may be weighing on the Scandis and dollar-bloc currencies amid risk-off impulses. Emerging market currencies are mixe…
Ueda Lifts Yen, Stocks Slump, Gilts Under Pressure Post-Budget
Reviewed by Marc Chandler
on
October 31, 2024
Rating:
Reviewed by Marc Chandler
on
October 31, 2024
Rating:
