He Japanese and the Swiss Franco They uploaded this Monday while the dollar It fell to the main currencies, in the midst of a sales wave in technological actions while the markets weighed the implications of the launch by a Chinese startup of a free artificial intelligence model (AI) of open source.
Deepseek of China He launched a free AI assistant who, he says, uses smaller cost and less data chips, which apparently challenges a generalized commitment to artificial intelligence that has promoted the actions of US technology companies in the past, especially the chips manufacturer Nvidiaaccording to Reuters.
He dollar indexwhich measures the value of the American currency in front of a coin basket that includes Yen and the euro, fell 0.29% to 107.36, after falling to its lowest level since mid -December. The euro rose 0.02% to $ 1,0491.
The dollar was under pressure while the yield of the Treasury bonus 10 years of reference fell 6 basic points to a minimum of one month of 4,561%, since investors rushed to acquire safe refuge assets and government bonds.
For its part, the Japanese Yen rose 0.87% to 154.63 against the dollar after adjusting up to 153.71, its highest level from mid -December. The Swiss Franco rose 0.50% in front of the green ticket to 0.90155 dollars.
“Many people seem to be a great leap here, since Depseek is destabilizing the main technological names, which will lead to a fall in actions, and a fall in the actions will cause the Federal Reserve to support it,” he said Eugene EpsteinDirector of Structuring for North America in MoneyCorp in New Jersey.
Waiting for the Central Bank meetings
Decisions on interest rates of European Central Bank and of the Federal Reserve (Fed) They will be announced on Wednesday and Thursday, respectively.
Analysts also pointed to Reuters that the decision of the Fed to keep the rates without changes and that of the BCE To cut them in 25 basic points they have a good price, but the operators will focus on any suggestion on the perspectives of the fees.
The governor of Bank of Japan, Kazuo Ueda said last week that the BOJ will continue to increase interest rates as salary and prices increases are extended, while central banks around the world, including the Bank of England, are making their policy more flexible.
Some analysts argued that the aggressive tone of the Boxwood It could reflect the desire of the political leaders not to do anything that can weaken to Yen and, therefore, potentially disturb Trump.
On Friday the inflation figures of Japan, Germany and France, while the favorite inflation indicator of the Fed It will be published in USA. Bofa’s currency strategists said the market is adopting a “half -empty glass posture” with respect to the United Kingdom.
“We are still constructive regarding the pound sterling, Since we believe that the feeling is asymmetrically biased and many of the bad news are already incorporated into prices, although we recognize that the downward risks have increased, “they said in a note to customers.
Source: Ambito
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