[EUR/USD] Market Reversed After U.S. Jobs Data
Before the U.S. jobs report was announced, the euro moved sideways without clear direction from the Tokyo market through to the European market.The U.S. jobs data was stronger than expected, …
[USD/JPY] Japanese Yen Weakened Against Many Currencies
In the Tokyo market yesterday, the USD/JPY (U.S. dollar vs Japanese yen) stayed strong. The day before, Vietnam and the U.S. agreed on a deal about tariffs, which made the …
[XAU/USD] Surprise in U.S. Employment Data
The U.S. jobs report for June, announced yesterday, was stronger than expected. Many people thought the labor market was weak because of earlier data like the ADP jobs numbers, but …
[EUR/USD] Focus on U.S. Jobs Report
When the European market opened, the euro went down as U.S. long-term interest rates rose. It dropped to 1.1747. However, during New York hours, the ADP jobs report showed weaker …
[USD/JPY] Jobs Data Before Long Holiday
In Tokyo, people started buying the U.S. dollar again, but when the ADP jobs report came out weaker than expected, the dollar fell. Today’s official jobs data is also expected …
[XAU/USD] Adjustment Before U.S. Jobs Data
Yesterday’s ADP jobs report showed weaker results than expected. Because of this, people think today’s official jobs report will also be weak. The U.S. dollar fell, and gold prices went …
[EUR/USD] Dollar Selling Takes a Pause
Yesterday, manufacturing PMI and inflation (HICP) data from Germany, France, and the EU were mostly in line with expectations, so the market showed little reaction. At the EU Forum, ECB …
[USD/JPY] Dollar Weakness Adjustment
Yesterday during Tokyo trading hours, the Bank of Japan’s business survey (Tankan) showed stronger results than expected. This caused people to buy yen, and the USD/JPY dropped from around 144 …
[XAU/USD] Trump Tax Cut Extension and US Interest Rate Decline
On this day, the US Senate passed President Trump’s large tax cut plan. This made people worry about a bigger budget deficit, so many investors bought gold as a safe …
[EUR/USD] Euro as an Alternative to the Dollar
The euro stayed strong at the end of last week and is still going up this week. On Monday in the Tokyo market, USD/JPY went down, which helped EUR/USD rise …