Japanese yen's plunge is the most 'textbook-driven' currency move in 30 years, analyst says
Koll agreed with that analysis, saying that the likelihood of the central bank raising rates "is close to nil."
When asked about Japan's inflationary outlook for the coming months, Koll said the BoJ's forecast for consumer price inflation next year could "go back down to below 2%," and he would agree with that prediction.that reaching 2% inflation would not be enough.
Air-conditioning manufacturing company Daikin is another one investors should look out for, he added.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
EUR/JPY Price Analysis: Approaches the YTD high at around 144.00, on risk-off moodEUR/JPY Price Analysis: Approaches the YTD high at around 144.00, on risk-off mood – by christianborjon EURJPY Currencies Crosses Technical Analysis
Read more »
Ex-Ark Invest Crypto Lead Says What's Going to Happen with Market$BTC and financial markets might need a final blow prior to entering recovery rally
Read more »
USD/JPY Technical Analysis: Bulls\u0027 Control Still StrongThe bulls controlled the direction of the USD/JPY currency pair, the strongest with the highest gains for the currency pair in 24 years.
Read more »
Leo Has His ‘Sights Set’ on Gigi Amid Rumors They ‘Hooked Up’ After His Breakup With His ExLeo moved from a 25-year-old to a 27-year-old.
Read more »
Has the COVID vaccine finally reached annual flu shot status? Health officials are hopeful.Barring any “new variant curveballs,” White House COVID-19 coordinator Dr. Ashish Jha said the latest vaccine rollout may be the first of what will become an annual shot for Americans – like the flu shot.
Read more »