The US dollar rose slightly against the Japanese yen and then quickly pulled up

Huitong Network3month2Daily News - Thursday(3month2day)In the Asian market, the US dollar rose slightly against the Japanese yen and then quickly pulled up. After taking back the gains, it rose again and is now trading on114.07frontline.

Analysts say that after several officials from the Federal Reserve delivered speeches, the market is concerned about the Federal Reserve3The bet on the probability of monthly interest rate hikes skyrocketed, starting within two hours50%Jump up to80%。

The Chairman of the Federal Reserve of New YorkFOMCLong term voting committee member Dudley believes that the reasons for tightening policies have greatly strengthened, and San Francisco Fed Chairman Williams said3The monthly interest rate hike is being seriously considered, while the dovish Federal Reserve directorsFOMCPermanent voting committee member Brainard has also joined the hawkish camp, stating that the Fed's interest rate hike may soon be a suitable move.

Big Pigeon Pai Brainard Goes Back to Eagle, Federal Reserve3How is a monthly interest rate hike a foregone conclusion?

according toFX678Observing earlier, Brainard stated in his speech prepared for the Harvard University event that if the situation continues to improve, it may soon be appropriate to remove additional monetary easing and continue to gradually tighten.

She pointed out that the US economy is approaching full employment, inflation is gradually moving towards the target, the foundation of overseas economic growth is more stable, and the risks faced by the outlook have remained balanced for some time. In the past few months, the labor market has continued to make progress.

The most memorable part of Brainard's speech was her statement that "our position may be slightly different in the future.".

After Brainard's speech was announced, the USD/JPY jumped to114Above, due to market expectations that the Federal Reserve may be as early as3Monthly interest rate hike followed by continued upward trend, reaching a maximum of114.16。

Huitong Network pointed out that on Saturday, Beijing time(3month4day)02:00Federal Reserve Chairman Yellen will give a speech, and if his stance is as hawkish as recent officials, it is highly likely that the Federal Reserve will3Monthly interest rate hikes, especially according to current market valuations, the Federal Reserve3The probability of monthly interest rate hikes is as high as about70%。
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