🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
UBS: It is unlikely that the yen will rise further significantly due to the Intrerest Rate outlook
On August 23, Jinshi data, UBS Global Wealth Management stated in a report that the Bank of Japan is unlikely to raise interest rates in the near future, and the expectation of a rate cut by the Federal Reserve has been factored in, limiting the further strengthening of the yen. "We believe that the Bank of Japan is not eager to raise interest rates in the coming months, which weakens the possibility of a new round of yen strength," UBS analysts said. In addition, speculative yen positions have slightly turned net long, and the expectation of a rate cut by the Federal Reserve has been fully priced in. The USD/JPY should remain fairly stable in the range of 145-150 in the near term.