“MUFG Predicts Supportive External Factors Will Drive Down USD/JPY Exchange Rates!”
The Japanese yen is expected to continue its strengthening trend despite recent setbacks, as the country’s economy continues to experience growth and the U.S. dollar becomes devalued. Economists at MUFG Bank believe that the external backdrop is supportive for a lower USD/JPY, which remains significantly overvalued. One reason for this outlook is the ongoing loss […]
Shield Your Finances: Become Invincible to Market Shocks & Risks in 15 Powerful Ways
Pan Gongsheng, head of China’s State Administration of Foreign Exchange (SAFE), has said that Beijing “will fend off external financial market shocks and risks,” as the nation responds to global economic uncertainty. As part of this strategy, China will “maintain stable operations and healthy order of FX market,” according to Pan. This recent development signals […]