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EBC Daily Snapshot Apr 24, 2024

EBC Forex Snapshot 24 Apr 2024 The dollar was flat on Wednesday around its lowest since 12 April. Data showed business activity kept up its positive momentum across Europe in April, to the detriment of the greenback. The yen was flirting with the key 155 level although Finance Minister Shunichi Suzuki said last week's meeting with his US counterpart has laid the groundwork for Tokyo to act against excessive yen moves. Japanese government bond yields mostly reached their levels not seen in more than a decade, as traders looked ahead to the BOJ's policy-setting meeting at the end of this week. EBC Wealth Management Expertise Disclaimer: This material is for general information purposes only and is not intended as (and should not be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation byEBC Wealth Management Expertise or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

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Publication date:

2024-04-24 10:24:00 (GMT)

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