[EUR/USD] Round Top
Yesterday, the PMI results from European countries were better than expected, so the euro rose to 1.1662. However, it could not reach the previous day’s high of 1.1674 and then …
[USD/JPY] After Adjustment, Rising Again
Before Chairman Powell’s speech at Jackson Hole, investors bought back yen-related currencies in the European and U.S. markets, and the dollar-yen also went up. During New York trading hours, after …
[XAU/USD] Jackson Hole
On August 1, the U.S. jobs report for July was weaker than expected. This made people think the Federal Reserve may lower interest rates, so gold started rising from around …
[EUR/USD] Dollar Falls After Trump’s Comment
In the Tokyo market, the euro first went down to 1.1623, but it quickly recovered. Later, in the European market, Germany’s July Producer Price Index (PPI) was lower than expected, …
[USD/JPY] Sideways Movement Continues
Yesterday, Japan’s July trade balance showed a bigger deficit than expected, and the dollar rose to 147.81 yen. But when the Nikkei stock index fell sharply, investors bought the yen …
[XAU/USD] Buying Back on Hopes of Interest Rate Cut
Yesterday, gold went up for the first time in five trading days. President Trump said that Mr. Cook, a member of the Federal Reserve Board, should resign immediately because of …
[EUR/USD] Hopes for Ukraine Peace
In the European market, the euro was bought because of hopes for a U.S.–Russia–Ukraine meeting. The euro rose to 1.1692, but it could not reach the previous day’s high of …
[USD/JPY] Yen Buying on Risk-Off
During Tokyo trading, the dollar-yen (USD/JPY) briefly went up to 148.11 after news that S&P kept the U.S. credit rating unchanged, but it quickly fell back. When the Nikkei stock …
[XAU/USD] Risk-On
At the U.S.–Russia leaders meeting, no ceasefire was agreed. However, the chance of a three-party meeting increased, and this made gold prices fall. On the other hand, in the New …
[EUR/USD] Short-Term Double Top
In the Tokyo market at the start of the week, the euro rose to 1.1715, the same level as last weekend’s high, but it could not break above and then …