DOLLAR & YEN which worth to invest?
Yen stable after BOJ decided to end negative interest rate on 19 MAR 2024. However BOJ interest rate just remove negative rate and keep rate constant at 0%.
The question is, Would market rather invest dollar that offer interest rate earning at 4.75%(after deducting 0.75% since FED announced would be have 3 rate cuts in 2024) or low interest rate earning offer by BOJ?
Resistance- 151.971
Support- 150.885, 149.211
The question is, Would market rather invest dollar that offer interest rate earning at 4.75%(after deducting 0.75% since FED announced would be have 3 rate cuts in 2024) or low interest rate earning offer by BOJ?
Resistance- 151.971
Support- 150.885, 149.211
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