Yen Will Probably Rise Towards 120 Gradually, Sakakibara Says
Eisuke Sakakibara, a former Japanese vice finance minister who was nicknamed “Mr. Yen” for his ability to influence the currency during his tenure, discusses the outlook for the yen, the…
The British Pound could get even weaker: BOE’s Mann
Bank of England Monetary Policy Committee Member Catherine Mann warns that “perhaps there’s more to go” on pound depreciation if markets haven’t fully priced in hawkishness from the Federal Reserve….
Where’s a Safe Place for Currencies?
Kit Juckes of Societe Generale says it’s probably too late to just hide in the dollar. He’s on Bloomberg Surveillance. https://bloom.bg/41CLuSQ ——– Follow Bloomberg for business news & analysis, up-to-the-minute…
Dollar Going Through ‘Chop’ Phase, HSBC’s Mackel Says
Paul Mackel, global head of foreign-exchange research at HSBC Holdings Plc, discusses the outlook for the dollar, Federal Reserve policy and geopolitical risks. He also talks about Asian currencies, the…
Strategist Sosnick Sees Return of King Dollar
“I don’t see the big drag on the dollar,” Steve Sosnick, Interactive Brokers chief strategist, says during an interview with Alix Steel and Stephen Carroll on “Bloomberg Markets.” Follow Bloomberg…
‘Mr. Yen’ Says Ueda May Raise Rates by October
The Bank of Japan may raise interest rates by the fourth quarter under the leadership of Kazuo Ueda, according to Eisuke Sakakibara. Sakakibara is nicknamed as “Mr. Yen” for his…
Hong Kong Dollar Carry Trade Flares on Widest Yield Gap Since 2007
The Hong Kong dollar is heading toward the weak end of its trading band against the greenback. Sofia Horta e Costa reports on Bloomberg Television. Follow Bloomberg for business news…
Dollar Whipsawed by Fed’s Powell; Havens Hold Gains
The dollar pared about half its losses in Tuesday trading. That’s after Federal Reserve Chair Jerome Powell noted it will take time to reach the 2% inflation target and that further rate…
Euro Will Rally on Rate Hikes, McCormick Says
Mark McCormick, TD Securities global head of FX strategy, talks about how currencies are impacted by rate hikes by the European Central Bank and the Bank of England. Follow Bloomberg…
Costa Says Chile Interest Rate `Will Be Maintained Steady’
Read more about this story here: http://bit.ly/3XJCRDx Chile’s central bank President Rosanna Costa is pushing back against bets that policymakers will start a series of steep interest rate cuts in…