"As Japan gradually adjusts its yield curve and faces intensified input inflation due to rising energy costs, it is eventually compelled to revise its inflation target. This will further strengthen the Japanese yen."
"The overall inflation level in the UK remains higher than that of Europe and the US, so its peak interest rate is expected to lag behind other central banks. As a result, going forward, the British currency is expected to be stronger than other currencies."
"We have currently returned to the starting point after the Federal Reserve slowed down its interest rate hikes in November last year. This is an important resistance level, and the People's Bank of China is unlikely to tolerate the currency depreciating beyond this level. There is a clear divergence in the technical pattern, and intervention may occur at any time."
Wait for the gap to be covered to gain support again, and buy again
Constrained by the suppression of the 200-day moving average on the daily line, technical overbought and the Fed's recent comments on suppressing inflation, the trend has undergone a short-term correction (covering the gap). The banking crisis continues to simmer, or it will find support again
Wait for the rebound to 0.618 and sell again.
As the recent economic data and the Federal Reserve's hawkish comments strengthened the expectation of raising interest rates in May, crude oil was capped and fell, and the Canadian dollar was weak. If the crude oil fills the gap and finds support again, the Canadian dollar will be boosted again
Despite concerns about the growth of new coronary pneumonia cases, the Fed’s unprecedented stimulus measures and the expectation that the US government may issue more fiscal stimulus policies may suppress the safe-haven dollar in the short term. Compared with the initial stage of recovery, the risk of declining US economic data is increasing; compared with Europe,...