You are here: Home > articles > Forex > What will surprise the Bank of Japan, the US Federal Reserve, the ECB, and the British Parliament?
What will surprise the Bank of Japan, the US Federal Reserve, the ECB, and the British Parliament?
January 22, 2019 12:25 pmVideo
Latest News
- Video market update for April 23, 2024 April 23, 2024
- Trading Signals for EUR/USD for April 23-25, 2024: buy above 1.0681 (21 SMA – 3/8 Murray) April 23, 2024
- Analysis for the EUR/USD pair on April 23rd. Euro currency prepares for another decline April 23, 2024
- Analysis for the GBP/USD pair on April 23rd. Sellers failed to take the mark of 1.2313 on the first attempt April 23, 2024
- Technical Analysis – AUDUSD gears up after disappointing US PMIs April 23, 2024
- Technical Analysis – Meta stock falls below 50-SMA ahead of earnings April 23, 2024
- USD/JPY: Simple trading tips for novice traders on April 23rd (US session) April 23, 2024
- GBP/USD: Simple trading tips for novice traders on April 23rd (US session) April 23, 2024
- Technical Analysis – USDJPY fights with new 34-year high April 23, 2024
- EUR/USD: Simple trading tips for novice traders on April 23rd (US session) April 23, 2024
- Alphabet Q1 Earnings: Strong ad business but AI initiatives lag – Stock Markets April 23, 2024
- GBP/USD: trading plan for the US session on April 23rd (analysis of morning deals). The pound continues to decline April 23, 2024
- EUR/USD: trading plan for the US session on April 23rd (analysis of morning deals). The euro has shown rapid growth April 23, 2024
- EUR/USD. April 23rd. Bulls and bears are in balance April 23, 2024
- GBP/USD. April 23rd. The bears continue to attack April 23, 2024
- Gold edges lower as Middle East tensions ease April 23, 2024
- Slightly lower volatility across the board ahead of key US data – Volatility Watch April 23, 2024
- Technical Analysis – UK 100 index hits new all-time highs but rally may be cooling April 23, 2024
- XM Teams up with ‘Charity Right’ for Change April 23, 2024
- Technical Analysis – US 500 index rebounds off 2-month low below 5,000 April 23, 2024
The yen, which is a safe haven currency, unlike other major currencies, remains stable against the dollar, and this trend is likely to continue. It is expected that the Bank of Japan will leave its policy unchanged at a meeting on January 22-23. Overall, monetary policy in Japan will remain very favorable this year. The only thing is that the slowdown in the global economy and the decline in oil prices may make the Central Bank reconsider its forecasts for economic growth and inflation, but not to such an extent as to talk about changes in monetary policy.
The dollar may also be in a similar situation, the weakening momentum in the global economy forces the Fed to cautiously approach any further interest rate increase, and more and more factors suggest that the regulator can stop the policy tightening cycle altogether, leaving it unchanged. This will inevitably lead to a weakening dollar, which is currently overbought and overvalued according to fundamental indicators.
The pound continues to keep in a narrow range. Since in London, there is no agreement on how and, in general, whether the largest union in the world should leave. In addition, the likelihood of abandoning the transaction is growing, and a way out is possible without any conditions that could alleviate the economic shock. The euro is likely to remain under pressure as economic growth in Europe, including Germany and France, weakens, while inflation remains low.
The material has been provided by InstaForex Company – www.instaforex.com
Related Posts: