Osamu Takashima
Osamu Takashima
further gains hike interest market rate scope
The market has already priced in another interest rate hike in March, so the dollar's scope for further gains on rate hike expectations is limited.
data line market range trade
The dollar-yen will trade in a range of 117-119 yen if the GDP data is in line with the market forecast.
advantage comment higher maintain raise rates supporting
The comment suggests the possibility they will raise rates further, supporting the peso. They will maintain the advantage of higher rates.
budget concern cut efforts hinder lead protest
The concern is that the protest will lead to violence, which will hinder the government's efforts to cut subsidies and the budget gap. That is weighing on the currency.