[CAD/JPY] Oil Price Decline Likely Temporary
In the Tokyo market, CAD/JPY dropped to 110.20 yen but rebounded to 110.80 yen in the European market. However, it fell again during the New York session. The decline was …
[USD/JPY] Dollar Weakens as U.S. Long-Term Interest Rates Fall
On Monday, the Tokyo market started with selling pressure on USD/JPY. Over the weekend, reports suggested that Scott Bessent, who is expected to focus on fiscal discipline, might be nominated …
[XAU/USD] Geopolitical Risks and Reduced Concerns Over U.S. Fiscal Deficit
On Monday, the Tokyo market started with the dollar weakening. Reports suggested that Scott Bessent, a well-known investor who emphasizes fiscal discipline, might be nominated as the next U.S. Treasury …
Economic Calendar (24-29/11/2024)
Stay ahead in the markets! Review next week’s key market-moving events and make informed decisions for strategic moves.
[EUR/USD] Euro Weakness Adjustment
Last weekend, the Eurozone’s November PMI results were weaker than expected, causing increased selling of the euro. The euro fell below the low of 1.0450, the lowest in about two …
[USD/JPY] Risk-Off and U.S. Interest Rates
Last week, the U.S. dollar/yen (USD/JPY) dropped to the lower 152 yen level due to increased geopolitical risks after Russia’s ICBM launch. However, the strong momentum of the U.S. dollar, …
[XAU/USD] V-Shaped Recovery
After the U.S. dollar started to strengthen with the ‘Trump Trade’ on November 6, last week’s gold prices returned to around the previous high of 2710. On November 18, reports …
Japanese Candlestick
In today’s topic, we will only learn about how to read normal Japanese candlestick. Next Topic: Candlestick Anatomy
[ZAR/JPY] South African Reserve Bank (SARB) Rate Cut and Geopolitical Risks
At yesterday’s SARB policy meeting, it was decided unanimously to lower the policy interest rate from 8.0% to 7.75%, as expected. This rate cut came after October’s CPI (consumer price …
[USD/JPY] Bank of Japan (BOJ) Rate Hike Speculations and Geopolitical Risks
After the Tokyo market closed, BOJ Governor Ueda suggested the possibility of a rate hike in the December meeting. Meanwhile, NY Federal Reserve President Williams commented that interest rates might …