Скачать с ютуб 24.04.2023: Investors cautious ahead central banks’ meetings; USDX, USD/JPY, AUD/USD, NZD/USD в хорошем качестве

24.04.2023: Investors cautious ahead central banks’ meetings; USDX, USD/JPY, AUD/USD, NZD/USD

The yen kicked off the week with a small rise due to expectations of a new rate hike by the Fed. The BoJ remains dovish which is negative for the national currency. The dollar/yen pair was rather volatile at the opening but closer to the end of the session, the price returned to Friday levels. It was trading at 134.25 or 0.08% higher amid the cautious market sentiment. Despite the fact that the Bank of Japan will hardly make any drastic changes, it might revise monetary policy settings in the long term. The Japanese Sankei newspaper said that the central bank may start the discussion of the long-term review of the monetary policy at the upcoming meeting. Speaking to reporters on April 10, Kazuo Ueda said that "he will communicate closely with the government and guide monetary policy flexibly." In March, BOJ deputy governor Shinichi Uchida pointed out that if the BoJ decides to conduct a comprehensive review of its policy, it may take from 12 to 18 months, judging by the experience of the US and European central banks Given that the BoJ will hardly make any radical decisions this week, investors will largely focus on Kazuo Ueda’s speech. So, the yen may advance ahead of the meeting. While investors are reluctant to open new positions before the BoJ meeting, the US dollar is recovering. On Monday morning, it resumed an upward movement. During the Asian session, the US dollar index grew by 0.10%, trading at 101.7. it is likely to remain in the range of 101.6-101.9. The US dollar has started the last trading week of April with rapid growth as traders are looking forward to a series of the central banks’ policy meetings. They could provide hints about how soon the monetary tightening cycle around the world could end. The Fed is projected to raise the key rate by another 25 basis points. Yet, traders are likely to be more interested in Jerome Powel’’s comments. While some economic data signals a slowdown in economic expansion, several sectors of the economy remain resilient. However, inflation remains stubbornly high as well. PMI data released on Friday showed that business activity in the US and the eurozone increased in April, which eased concerns about an impending recession in the leading economies. The services sector in both Europe and the US is quite resilient. So far, there have been no signs that the ECB or the Fed could shift to a softer stance in the second half of the year. The Australian dollar started the week with a fall but closer to the opening of the European session, it was able to slightly recoup losses. It dipped by 0.29% to $0.6674. By the end of the Asian session, it was trading at 0.6680 or 0.15% lower. In Australia, shares of mining companies decreased after the Chilean government tightened control over its lithium industry. Chile is home to one of the world's largest deposits of lithium which is used to manufacture EV batteries. The aussie failed to cement an upward movement due to a rise in the US dollar and falling oil prices. Taking into account this week's economic calendar and the bullish outlook for the US dollar, the aussie is likely to move in the channel of 0.6668 – 0.6690. The New Zealand dollar was trading around $0.6147 or 0.2% higher on Monday morning. After Friday's sharp decline, the kiwi was trying to leak wounds. Its growth looked more like a correction. The rate gap difference between the Fed and the Reserve Bank of New Zealand is growing, which is extremely bearish for the kiwi. The majority of investors are betting on a 25 basis point rate hike by the Fed. At the same time, traders expect the Reserve Bank of New Zealand to take a pause in tightening after an unexpected decline in inflation in the first quarter of 2023. So, the kiwi/dollar pair is likely to fluctuate in the range of 0.6122–0.6166. 00:00 Intro 00:44 Indexes 01:15 Bank of Japan 01:52 CORE CPI (YOY) 02:50 USD/JPY 03:34 Kazuo Ueda 04:39 USDX 06:24 AUD/USD 07:32 NZD/USD https://www.instaforex.com FX Analytics - https://www.instaforex.com/forex_anal... Forex Calendar - https://www.instaforex.com/forex_cale... Forex TV from InstaForex - https://www.instaforex.com/instaforex_tv Forex charts - https://www.instaforex.com/charts Instant account opening - https://www.instaforex.com/fast_open_... Forex Trading Contests - https://www.instaforex.com/forex_cont... List of official InstaForex blogs:   / instaforex     / instaforex     / instaforex   #forex_news # asian_session #instaforex_tv