Daily review 22/09/2022

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

4 comments on “Daily review 22/09/2022”

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On super Thursday,when central banks raise interest levels.

(swiss .75) ( Nor .5) Japan (0)

The Japanese central bank said they will see negative rates for next 2 years as they try to import some inflation.

The Japanese government said yesterday that the Yen-$ was speculative and not reflective of the cash flows,and there would be intervention by stealth.Yesterday they intervened with 1 trillion yen that brought the yen back.

Today after the yen depreciated following central bank review,they intervened again in substantial move with yen appreciating against the US$ by 1.2%,as global FX markets all respond on cross trades against the US$.

Kiwi moving .4% in last hour.