Group 1: US Dollar and Federal Reserve - The US dollar has been supported by safe-haven demand due to potential conflicts in the Middle East and the possibility of US involvement [1] - Federal Reserve Chairman Jerome Powell's cautious stance on inflation has reinforced the dollar's performance [1] - Goldman Sachs strategists expect the Fed to lower interest rates twice this year despite raising short-term inflation expectations [1] Group 2: UK Pound and Bank of England - The Bank of England maintained the benchmark interest rate at 4.25%, aligning with market expectations, with a 6-3 voting outcome [4] - The sentiment shifted from "the central bank will fight inflation" to "the rate cut window is opening" following the decision [5] - Market participants are closely monitoring labor market data and energy prices for future policy direction [6] Group 3: Japanese Yen and Government Bonds - The USD/JPY exchange rate showed an upward trend amid ongoing geopolitical concerns, with the dollar outperforming the yen [7] - Japan plans to reduce its government bond issuance by 500 billion yen for the fiscal year 2025/2026, adjusting the issuance of various bond maturities [7] Group 4: Swiss Franc and Swiss National Bank - The Swiss National Bank lowered interest rates by 25 basis points to 0%, marking the sixth rate cut since March 2024 [8] - The accompanying downward adjustment of inflation expectations and cautious outlook on the global economy significantly impacted the currency market [8]
避险需求与鲍威尔谨慎态度支撑美元 瑞郎剧烈波动，英镑短线跳水
Sou Hu Cai Jing·2025-06-19 12:58