USD Strengthens Post BOJ Rate Hike & RBA's Dovish Stance

Tuesday, 19 March 2024, 13:05

The US Dollar (USD) is experiencing a surge following the Bank of Japan's (BOJ) rate hike and the Reserve Bank of Australia (RBA) maintaining a dovish stance. Among the G10 currencies, the Japanese Yen (JPY) and Australian Dollar (AUD) are showing weakness. Positive movements are observed in Japanese, Australian, and New Zealand equities, while US index futures are slightly down.
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USD Strengthens Post BOJ Rate Hike & RBA's Dovish Stance

USD Surges After Central Banks' Decisions

The US Dollar (USD) shows strength after the Bank of Japan (BOJ) rate hike and Reserve Bank of Australia's (RBA) dovish hold.

Currency Movements:

  • USD: Surging
  • JPY: Weakest among G10 currencies
  • AUD: Weakness observed

Equities & Futures:

  1. Japanese, Australian, and New Zealand equities advance
  2. US index futures show slight losses

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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