Carsem group dollar yen by the central bank action on careful about central bank intervention 威海海洋职业学院

Carsem group: USDJPY by the central bank action on careful about central bank intervention clients view the latest market countries, especially Japan and the United States, the central bank governor [micro-blog] today has been busy now. As we pointed out on Monday that in the past two weeks, the yen gained a large number of hedge arbitrage over capital flow and favor, the dollar yen fell, now for seventh days, and the fall of 115, hit a 15 month low. Unfortunately for the Bank of Japan, what Japan needs most is the appreciation of the yen and further push down inflation and exports. The situation of the Central Bank of Japan has become very bad, and some traders have begun to speculate that it will soon intervene in the market and devalue the yen as a means to devalue it. Remind readers unfamiliar with the central bank intervention in the foreign exchange market, there are three different "levels", the signals were enhanced: 1)             verbal intervention: Grade 1, and we see all is the frequent use of verbal intervention or "strong appeal in the past few years in". When a central bank governor vaguely points out that a related currency is overvalued and the appreciation is "appropriate", the result is oral intervention. In the past few weeks, the Bank of Japan to use verbal intervention: its financial policy officials to the strong yen called "brutal" and said it was "speculative wave alert yen". 2)             exchange rate check: exchange rate check also called "call around."". When a central bank really calls the foreign exchange broker and asks for the current exchange rate, it is the exchange rate check. The implication is that the central bank is thinking of throwing out the domestic currency. The geopolitical analogy is that some countries sometimes perform military exercises in order to show force. A central bank whether and when the exchange rate is hard to check out clearly proven, but there are unconfirmed reports that, in today’s Asian session USDJPY fell to 114.25, the Bank of Japan and the broker on the phone. 3)             market intervention: of course, the highest level is the Central Bank of the market order to really push low domestic currency valuations (in other words, the central bank in accordance with the exchange rate and checks). In 2010 and 2011, the Bank of Japan established the repeated intervention sustained yen strong pattern, but since then, the Bank of Japan did not actively intervene in the foreign exchange market. If the dollar and the yen continue to fall, many analysts predict that the BoJ will have no choice but to intervene. The other end of the yen in the formula of strong concern about the deepening of the background, the dollar yen traders must also implied meaning Ximei Fed chairman Yellen solutions in Congress do semi annual testimony Humphrey-Hawkins. Shortly after the release of this article, witnesses will begin to enter the question and answer section, but the pre release testimony is relatively pessimistic, basically in line with market expectations. Yellen pointed out, "the financial situation in the United States is the most.". 嘉盛集团:美元日元受央行行动左右小心日央行干预 客户端 查看最新行情   各国,尤其是日本和美国的央行[微博]行长今天一直忙到现在。正如我们在周一指出的,过去两周里日元获得了大量避险 套利交易了结资金流的青睐,并使得美元 日元连续下跌,现在为第七天,且失守115.00,创下15个月新低。   对日本央行来说,不幸的是,日本经济最不需要的就是日元升值并进一步推低通胀和出口。日本央行的处境变得非常糟糕,一些交易员开始猜测其将很快干预市场,以抛出日元为手段使其贬值。   提醒不熟悉的读者,央行干预外汇市场有三个不同的“等级”,发出的信号依次增强:   1)      口头干预:等级为1,并且我们在过去几年里看到各国频繁使用的就是口头干预或“强烈呼吁”。当某个央行行长模糊地指出某个相关货币“高估”以及升值是“合适”的结果,就是口头干预。   过去几周里,日本央行不断地使用口头干预:其金融政策高官将日元走强称为“粗暴”并声称正在“警惕日元的投机性波动”。   2)      汇率检查:汇率检查也称“四处打电话”。当某家央行真地打电话给外汇经纪商,要求其报上当前汇价,就是汇率检查。这么做的隐含意义是央行在考虑抛出国内货币。以地缘政治类比就是,某些国家有时为了展示武力会进行的军演。   某一央行是否以及何时展开了汇率检查很难被明确探明,但有未证实报道称,在今天亚洲时段美元 日元跌至114.25时,日本央行与经纪商进行了通话。   3)      市场干预:当然,最高等级就是央行真地对市场下命令以图推低国内货币的估值(换言之,央行切实依照汇率检查行动)。   在2010年和2011年,日本央行建立了重复干预日元持续走强的模式,但自那之后,日本央行并没有积极地干预外汇市场。如果美元 日元继续下跌,许多分析师预测日本央行将别无选择,唯有干预。   在公式中日元走强的关切日渐深重的背景的另一端,美元 日元交易员也必须解悉美联储主席耶伦在国会做的半年度Humphrey-Hawkins证词的隐含意义。在此文发稿后不久,作证将开始进入问答部分,但预发布证词稿相对悲观,基本符合市场的预期。耶伦指出,“美国的金融形势最近不那么利好成长”,“如果未来经济表现令人失望,合适的做法是下调联邦基金利率”,这等于确认美联储担心最近的市场变化。   美元 日元交易员基本上忽略了耶伦的证词稿,该货币对自115.00附近小幅下跌至114.60。也就是说,如果耶伦在质询阶段的演讲暗示(交易员业已计入的)今年上半年不大可能加息,则美元 日元可能下探本周低点,即114.00一线下轨。如此,或许迫使日本央行在本周或本月晚些时候干预市场。 新浪声明:新浪网登载此文出于传递更多信息之目的,并不意味着赞同其观点或证实其描述。文章内容仅供参考,不构成投资建议。投资者据此操作,风险自担。相关的主题文章: