Gold 10 data June 18 news, UBS Global Wealth Management said that the yen still has room to depreciate before the Fed starts cutting interest rates. Kelvin Tay, the chief investment officer of the bank, said that in the short term, we do believe that the US dollar against the Japanese yen could touch the level of 160 again. I don't think the Bank of Japan will be eager to raise interest rates at this point in time. And if the Fed does not cut interest rates in September and further delays the rate cut, it is clear that the yield difference between US Treasury bonds and Japanese government bonds will actually widen further, and the yield spread between the US and Japan is still a key pressure point for the yen.
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UBS: Fed faiz indirimi öncesi Japon yeni değer kaybetmeye devam edebilir, Japon yeni'nin 160'a kadar düşmesi bekleniyor.
Gold 10 data June 18 news, UBS Global Wealth Management said that the yen still has room to depreciate before the Fed starts cutting interest rates. Kelvin Tay, the chief investment officer of the bank, said that in the short term, we do believe that the US dollar against the Japanese yen could touch the level of 160 again. I don't think the Bank of Japan will be eager to raise interest rates at this point in time. And if the Fed does not cut interest rates in September and further delays the rate cut, it is clear that the yield difference between US Treasury bonds and Japanese government bonds will actually widen further, and the yield spread between the US and Japan is still a key pressure point for the yen.