[USD/JPY] Dollar Rises, Yen Falls
On Monday, in the Tokyo market, the USD/JPY rate increased as dollar buying led the way. This was partly because the Nikkei average went up and Japan’s September trade deficit …
[XAU/USD] Gold Keeps Dropping as Dollar Rises
Gold selling continued early this week, starting with Monday’s Tokyo market. Prices found brief support around 2670, but later in the day, gold continued to fall sharply due to light …
Economic Calendar (11-15/11/2024)
Stay ahead in the markets! Review next week’s key market-moving events and make informed decisions for strategic moves.
[EUR/USD] Collapse of German Government and New U.S. Administration
At the beginning of the week, the euro rose to the upper 1.09 level following reports favoring Harris. However, after Trump’s decisive victory, the dollar strengthened significantly, causing the euro …
[USD/JPY] Trump Rally and U.S. CPI
Last week, the dollar rose across the board after Donald Trump was elected president. The dollar-yen pair (USD/JPY) initially dropped to 151.29 yen, following reports favoring Harris, but later climbed …
[XAU/USD] Gold Stabilizes as Dollar Rally Pauses
Last week, gold prices dropped from around 2750 to 2640 as the U.S. dollar strengthened after Donald Trump was elected president. Later, there was some buying in anticipation of the …
[GBP/USD] Pound Buying Despite BOE Rate Cut
The pound initially fell to 1.2835 due to strong dollar buying and pound selling from the “Trump rally,” but it later rose to the 1.29 mid-range. However, ahead of the …
[USD/JPY] Dollar Adjustment and Verbal Intervention
Due to the “Trump rally,” the dollar surged, and the USD/JPY exchange rate rose to 154.71 yen early in the morning. However, it soon began to fall. Finance Minister Mimura …
[XAU/USD] Decline in U.S. Long-Term Interest Rates and Dollar Weakness
Gold, which had dropped significantly the previous day, rebounded yesterday. The dollar initially strengthened due to the “Trump rally,” but as the FOMC meeting approached, the dollar saw increased selling, …
[EUR/USD] ECB and Fed Show Different Approaches
In the Tokyo market, reports of Trump’s likely victory caused the dollar to strengthen across the board, with the euro dropping to 1.0937 and continuing down to 1.0683 in the …