Monthly Archives: August 2024
Nasdaq Plummet Ahead Of Fed’s Interest Rate Decision

Written on August 1, 2024 at 1:22 am, by
Market Summary The Japanese Yen strengthened ahead of the BoJ’s interest rate decision, with part of the market anticipating a monetary tightening policy from the Japanese central bank due to sustainable inflation and wage growth in the country. If the BoJ raises rates by 10 bps, as expected, the Yen could strengthen further. On theContinue Reading