[EUR/USD] Continuing Euro Downside Risk
Last week, after the U.S. Federal Reserve reduced its forecast for rate cuts next year from 4 to 2, the euro fell to 1.0343. However, the November 22 low of …
[USD/JPY] Reaction to Rapid Yen Weakening
Last week, the U.S. dollar rose because the Federal Reserve’s interest rate outlook for next year suggested fewer rate cuts. The Bank of Japan’s stance caused the yen to weaken, …
[XAU/USD] Christmas and High U.S. Long-term Interest Rates
Last week, the U.S. Federal Reserve’s meeting showed a aggressive stance, causing long-term U.S. interest rates to rise. As the weekend approached and the Christmas holiday drew near, there was …
Single Candlestick Patterns
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[EUR/USD] Euro Faces Pressure Due to Dollar Strength
Following the FOMC results, the euro fell from around 1.05 to the mid-1.03 range. Yesterday, short covering for the euro was strong, and the price was pushed back up to …
[USD/JPY] Bank of Japan Stays Unchanged
At the Bank of Japan (BOJ) meeting, the decision was made to keep the policy interest rate unchanged. Some had expected a 0.25% rate hike, so after the announcement, USD/JPY …
[XAU/USD] Gold Drops Due to Rising U.S. Long-Term Interest Rates
During the previous day, the FOMC meeting showed a aggressive stance, leading to a rise in long-term U.S. interest rates and causing gold prices to fall sharply. As a result, …
[GBP/JPY] Bank of England (BOE) and Bank of Japan (BOJ)
The FOMC meeting had a hawkish tone, leading to a broad rise in the dollar. At the same time, New York stock prices dropped sharply, causing risk-averse yen buying. As …
[USD/JPY] FOMC Meeting and Bank of Japan
At the early morning FOMC meeting, the forecast for 2025 interest rates was reduced from four cuts to two. With concerns about inflation reigniting under the upcoming Trump administration, the …
[XAU/USD] Breaking the Neckline
In the closely watched FOMC meeting, the expected 0.25% rate cut was decided. However, the interest rate outlook for 2025 was revised, reducing the number of expected rate cuts from …