Saturday, March 23, 2019

US DOLLAR DOWN VS YEN Due to US TREASURY TURN FLASH WARNING

US DOLLAR DOWN VS YEN Due to US TREASURY TURN FLASH WARNING -  - www.corporateslaw.com

The US dollar fell against the Japanese yen on Friday, as did the pessimistic data from the US manufacturing industry. They were worried about the economy in general and government bond yields indicated a growing fear of a recession, but the US dollar rose against the euro because a much weaker than expected German production survey raises concerns The mighty European economy could slowing down.
  •  The spread between three-month Treasury bonds and 10-year bond yields was reduced for the first time since 2007 after data from the US PMI. Estimates will not reach. This inversion of the yield curve is generally seen as a leading indicator of the recession.


"We need to take seriously the fact that this is a sign of slowing growth or a potential recession in the next 12 to 18 months." That's what the Fed is taking a closer look at, "said Sean Simko, 

Head of Global Fixed Income Management at SEI Investments Co. in Oaks, PA.The US Dollar was down 0.66% compared to the yen at 110.07, up to 6 weeks for the Japanese currency, SEE ALSO: the pound stabilizes but struggles to recover after the Japanese currency. "Delay agreement on Brexit" The recovery (in yen ) is not in line with the Japanese economy, it is rather a safe Alfonso Esparza, chief foreign exchange analyst at Oanda in Toronto.The largest creditor country and the largest creditor country in the world benefit when investors companies repatriate funds in times of financial or geopolitical tensions US dollar, which has come under pressure Federal Reserve investors have abandoned all plans to raise interest rates this year and have found a thanks to a weaker euro. "In March, SMEs confirm that GDP growth in the first" We are in the three major advanced economies, with Germany, which continues to suffer from the slowdown in global production, "wrote Simon MacAdam, a world economist such as Capital Economics.

"This helps to reinforce the idea that we expect a more significant and broad-based growth slowdown than expected by the markets a few months ago," said Karl Schamotta.

"What we see is a kind of recognition that the Fed is responding to deeper risks in the global economy," said the British Prime Minister. could leave without agreement, found overnight when European leaders gave two weeks late to Prime Minister Theresa May, to decide the way to leave Britain. US dollar: Canadian dollar weakened by up to 11 days against US counterpart, available data corroborate slowdown in Canadian economy.

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