{"id":179304,"date":"2023-10-23T13:52:00","date_gmt":"2023-10-23T08:22:00","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=179304"},"modified":"2023-10-23T13:52:00","modified_gmt":"2023-10-23T08:22:00","slug":"level-fundamentally-justified-from-markets-point-of-view-is-much-higher-than-150-commerzbank-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/level-fundamentally-justified-from-markets-point-of-view-is-much-higher-than-150-commerzbank-crypto-news\/","title":{"rendered":"Level fundamentally justified from market\u2019s point of view is much higher than 150 \u2013 Commerzbank – Crypto News"},"content":{"rendered":"

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It seems to be the case that, shortly after the start of FX trading in Asia, USD\/JPY<\/a> briefly traded above the important level of 150. Economists at Commerzbank analyze the pair\u2019s outlook<\/a>.<\/p>\n

Market assumption that 150 constitutes the MOF\u2019s line of defense can turn into a self-fulfilling prophecy<\/h2>\n
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The extremely small distance of the exchange rate to 150 constitutes a sign that the exchange rate fundamentally justified from the market\u2019s point of view is much higher than 150.<\/p>\n<\/blockquote>\n

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If the MOF were to not intervene after a serious breach of 150, we would have to expect a very, very significant jump of the JPY exchange rates. That is not likely to be what the MOF wants. As a result, it will have no choice but to take action when a serious breach of 150 arises. The market assumption that 150 constitutes the MOF\u2019s line of defense can turn into a self-fulfilling prophecy.<\/p>\n<\/blockquote>\n

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Share: It seems to be the case that, shortly after the start of FX trading in Asia, USD\/JPY briefly traded above the important level of 150. Economists at Commerzbank analyze the pair\u2019s outlook. Market assumption that 150 constitutes the MOF\u2019s line of defense can turn into a self-fulfilling prophecy The extremely small distance of the […]<\/p>\n","protected":false},"author":2,"featured_media":12571,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[299,201,248,251,246,257,255,1062,250,252,247,253,249,275,256,254],"class_list":["post-179304","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-banks","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-japan","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-usdjpy","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/179304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=179304"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/179304\/revisions"}],"predecessor-version":[{"id":179305,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/179304\/revisions\/179305"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/12571"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=179304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=179304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=179304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}