Japan maintains its ultra-loose monetary policy unchanged The U.S. dollar rising yesterday, the yellow initially rebounded during the session but then fell back and consolidated.

24 Jan, 2024

Japan maintains its ultra-loose monetary policy unchanged The U.S. dollar rising yesterday, the yellow initially rebounded during the session but then fell back and consolidated.

On Tuesday, after testing the 103 mark, the U.S. Dollar Index rebounded sharply, reaching an intraday high of 103.81 at one point, but later gave up some of its gains during the U.S. trading session, ultimately closing up 0.2% at 103.56. The yield on the 10-year U.S. Treasury note stabilized above the 4.1% threshold, closing at 4.139%. The yield on the 2-year U.S. Treasury note, more sensitive to Federal Reserve policy rates, closed at 4.378%.

On Tuesday (January 23rd), investors awaited a series of U.S. economic data to be released this week, seeking more clues about the Federal Reserve's interest rate cut schedule. Amid market expectations, gold prices edged up slightly.

On Tuesday (January 23rd), international crude oil futures prices fluctuated weakly during the session due to the restoration of oil supplies from Libya and North Dakota, USA. Prices fell at the close, failing to continue the upward trend from Monday.

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