JPY: Political shift stabilizes currency – DBS
DBS Group Research’s Philip Wee argues that the Japanese Yen, previously Asia’s top underperformer, has regained stability after Prime Minister Sanae Takaichi’s landslide snap‑election victory.

DBS Group Research’s Philip Wee argues that the Japanese Yen, previously Asia’s top underperformer, has regained stability after Prime Minister Sanae Takaichi’s landslide snap‑election victory. Markets may have overstated JGB risks and underplayed reflationary effects of fiscal stimulus, while expectations for a Bank of Japan rate hike in April versus a Fed cut in June support a firmer JPY outlook.

From underperformer to more stable profile

"Asia’s top underperformer, the JPY, regained stability."

"USD/JPY fell from the top of its three-year range between 160 and 140 after Prime Minister Sanae Takaichi led the Liberal Democratic Party to a landslide victory at the February 8 snap elections."

"Markets likely overstated JGB risks by fixating Prime Minister Sanae Takaichi’s stimulus on fiscal worries and underplaying its reflationary impulse."

"Japan’s two largest banks are reportedly ready to increase JGB holdings."

"Lastly, markets are pricing in a Bank of Japan rate hike in April and a Fed cut in June."

(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)

Lebih sejuta pengguna bergantung pada FXStreet untuk data pasaran masa nyata, alat carta, pandangan pakar dan berita Forex. Kalendar ekonomi yang komprehensif dan webinar pendidikan mereka membantu pedagang kekal bermaklumat dan membuat keputusan yang dikira. FXStreet disokong oleh pasukan kira-kira 60 profesional di ibu pejabat Barcelona dan pelbagai wilayah global.
Baca Lagi

SEBUT HARGA LANGSUNG

Nama / Simbol
Carta
% Perubahan / Harga
GBPUSD
Perubahan 1 hari
+0%
0
EURUSD
Perubahan 1 hari
+0%
0
USDJPY
Perubahan 1 hari
+0%
0

SEMUA TENTANG FOREX

Terokai Lebih Banyak Alat
Akademi Perdagangan
Layari pelbagai artikel pendidikan yang merangkumi strategi perdagangan, wawasan pasaran, dan asas kewangan, semuanya di satu tempat.
Ketahui Lebih Lanjut
Kursus
Terokai kursus perdagangan berstruktur yang direka untuk menyokong pertumbuhan anda di setiap peringkat perjalanan perdagangan anda.
Ketahui Lebih Lanjut
Webinar
Sertai webinar langsung dan atas permintaan untuk mendapatkan wawasan pasaran masa nyata dan strategi perdagangan daripada pakar industri.
Ketahui Lebih Lanjut