Analysis: Japan is chasing its tail on yen intervention
As the Bank of Japan steps into currency markets for the first time in decades to defend a battered yen, it is running into numerous obstacles, chiefly its own stubborn commitment to ultra-easy monetary settings.
Central banks seen enhancing liquidity after SWIFT ban – Credit Suisse strategist
The banning of certain Russian banks from the SWIFT international payment system could push central banks to enhance liquidity to offset missed payments, a Credit Suisse strategist said on Sunday.
Euro on defensive as Ukraine tension, hawkish Fed buoy dollar, yen
The euro hovered near 1-month lows versus the dollar and yen on Wednesday, hurt by concerns about the potential for military conflict in Ukraine and ahead of the Federal Reserve wrapping a meeting that could herald accelerated monetary tightening.
Crypto is ‘rat poison’, a third of mainstream investment firms tell JPM
Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as “rat poison” or predicting it would be a temporary fad.
