MtICHI

chfjpy udpate

Short
MtICHI Updated   
FX:CHFJPY   Swiss Franc / Japanese Yen
The CHF/JPY is a major cross-currency pair and is most widely traded during the Asian and European sessions. With the Swiss economic and political environment considered stable, demand for the Swissie spikes during periods of geopolitical and economic uncertainty in Japan and beyond. The pair closely follows the EURJPY pairing. While a liquid paring, total transactions account for less than 2% of total transactions across the FX market.
Japan Switzerland
Interest Rate -0.10% 1.75%
23-Aug 23-Aug
Inflation Rate 3.30% 1.60%
23-Jul 23-Aug
Credit Ratings MOODY'S S&P MOODY'S S&P
A1Stable A+Stable AaaStable AAAStable
Comment:
the forthcoming week holds a substantial weight for the financial landscape. As inflation remains a pertinent concern, its resonance through the Federal Reserve’s decisions, stock market fluctuations, and precious metal prices will be intently observed. The U.S. central bank’s September 20 meeting will be especially scrutinized, given the overarching implications of its outcomes on the economy.
Comment:
investors remain sensitive to economic indicators, Bank of Japan monetary policy forward guidance remains the key driver. After confusion over the intended meaning of BoJ Governor Ueda’s comments on inflation and negative rates, further commentary is likely.

The US CPI Report is in focus today. Investors are betting on the Fed leaving rates unchanged this month. However, hotter-than-expected core inflation could refuel bets on one final Fed rate hike before hitting the brakes.

The US Federal Reserve has a mandate to maintain inflation at around 2%. Elevated inflation requires monetary policy tightening to curb spending and ease demand-driven inflation. Sticky core inflation could force investors to reevaluate Fed interest rate expectations.
Comment:
investors will continue to speculate about the timing of a BoJ move away from negative rates. The BoJ could affirm the conditions under which the BoJ would tweak interest rates. Wage growth and demand are consistent requirements among BoJ Board members.

A deteriorating macroeconomic environment would impact labor market conditions. A weakening labor market environment would affect wage growth and demand-driven inflation.
Comment:
going toward tp
Comment:
nice movement
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