Economic Calendar (13-17/01/2025)
Plan for a productive week! Focus on important milestones and make intentional decisions to align with your objectives.
[EUR/USD] German and French Political/Economic Concerns and U.S. Long-term Interest Rates
Last week, EUR/USD rose to 1.0436 early in the week as the U.S. dollar weakened but formed a short-term double top and fell. By the weekend, strong U.S. employment data …
[USD/JPY] Strong Dollar and Strong Yen
Last weekend’s U.S. employment data was stronger than expected, pushing USD/JPY to its highest level since July last year at 158.87. The U.S. dollar gained broadly as markets now expect …
[XAU/USD] U.S. Consumer Price Index (CPI) and the New York Stock Market
Last weekend’s U.S. employment data showed stronger-than-expected results, leading to a rise in long-term U.S. interest rates. As a result, gold prices initially dropped. However, later, the Dow Jones Industrial …
[CAD/JPY] Canada Employment Report
Last year, the Bank of Canada (BOC) was one of the first in developed countries to lower interest rates. They cut rates five times, reducing them from 5% to 3.25%, …
[USD/JPY] Aggressive Comments from U.S. and Japan Central Banks
At the Bank of Japan’s branch managers’ meeting yesterday, it was pointed out that many people want stable exchange rates. There were also aggressive comments, such as large companies planning …
[XAU/USD] Focus on U.S. Employment Data
Yesterday, the NY stock market was closed due to the state funeral of former President Carter. The bond market had shortened trading hours, during which U.S. long-term interest rates fell. …
Candlesticks with Support and Resistance
In this lesson, we will be looking at the basic Japanese candlestick patterns that were discussed in the previous lessons to make sound trading decisions. Next Topic: Common Mistakes That …
[AUD/JPY] Australian CPI (Consumer Price Index)
Australia’s November CPI (Consumer Price Index) was 2.3%, higher than the expected 2.2%, but this led to selling of the Australian dollar. Selling pressure increased because the central bank’s trimmed …
[USD/JPY] Intervention Concerns
The USD/JPY exchange rate has been slowly testing higher levels. Yesterday in the Tokyo market, USD/JPY reached the 158 yen range but faced resistance as Japan’s long-term interest rates rose …