(Bloomberg) -- Investors should bet that option
volatility on the dollar-yen exchange rate will decline as a
four-month U.S. currency rally wanes, Standard Chartered Plc.
said.
Demand for the dollar should fall as U.S. interest rates
slip, reducing the currency's allure, the bank said in a research
note. Standard Chartered economists expect the Federal Reserve to
decrease the benchmark lending rate by 0.25 percentage point to 5
percent and the Bank of Japan to lift its key rate by 0.25
percent to 0.75 percent by year end.
Read more at Bloomberg Currencies News
volatility on the dollar-yen exchange rate will decline as a
four-month U.S. currency rally wanes, Standard Chartered Plc.
said.
Demand for the dollar should fall as U.S. interest rates
slip, reducing the currency's allure, the bank said in a research
note. Standard Chartered economists expect the Federal Reserve to
decrease the benchmark lending rate by 0.25 percentage point to 5
percent and the Bank of Japan to lift its key rate by 0.25
percent to 0.75 percent by year end.
Read more at Bloomberg Currencies News
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