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This story was originally published on HackerNoon at: https://hackernoon.com/group-of-fools.
Analyzing the dollar-yen exchange rate's significance, central bank strategies, and potential impacts on global forex markets.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #cryptohayes, #cryptocurrency, #bitcoin, #federal-reserve, #finance, #currency, #hackernoon-top-story, #good-company, and more.
This story was written by: @cryptohayes. Learn more about this writer by checking @cryptohayes's about page, and for more stories, please visit hackernoon.com.
The dollar-yen exchange rate is the most important macroeconomic indicator. G7 inflation is forming a local bottom in the 2-3% range before exploding higher. In orthodox central bank thought, cutting rates is good if inflation is below target. This week, the BOC and ECB cut rates while inflation was above target levels.
328 قسمت
This story was originally published on HackerNoon at: https://hackernoon.com/group-of-fools.
Analyzing the dollar-yen exchange rate's significance, central bank strategies, and potential impacts on global forex markets.
Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #cryptohayes, #cryptocurrency, #bitcoin, #federal-reserve, #finance, #currency, #hackernoon-top-story, #good-company, and more.
This story was written by: @cryptohayes. Learn more about this writer by checking @cryptohayes's about page, and for more stories, please visit hackernoon.com.
The dollar-yen exchange rate is the most important macroeconomic indicator. G7 inflation is forming a local bottom in the 2-3% range before exploding higher. In orthodox central bank thought, cutting rates is good if inflation is below target. This week, the BOC and ECB cut rates while inflation was above target levels.
328 قسمت
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