As shown on the USD/JPY chart, today the exchange rate aggressively surged above the 153 yen per US dollar level. This marks a strong recovery from the yearly low of around 151 yen per dollar, set last week. Today’s bullish momentum developed following a statement from Japan’s Minister of Industry, Yoji Muto, who mentioned that […]
The shift to a more services-based economy increases economy-wide depreciation rates, and so the need to invest. Higher average interest rates – and economy-wide profit shares – are among the likely results. An important reason for our house view that the global structure of interest rates will be higher going forward than it was pre-pandemic […]
The post An Appreciation of the Implications of Depreciation appeared first on Action Forex.
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