[XAU/USD] Martial Law in South Korea
In the Tokyo market, gold prices were under pressure as risk-on sentiment increased, supported by the rise in the Nikkei stock average. However, when the New York market opened, South …
[EUR/USD] Possible Double Top
At the start of the Tokyo market this week, U.S. long-term interest rates rose, causing the euro to drop to the low 1.05 range. Weak November manufacturing PMI results from …
[USD/JPY] Cross-Yen Selling
At the start of the Tokyo market this week, U.S. long-term interest rates rose, causing the dollar-yen pair to climb by over 1 yen, from around 149.50 to 150.74. After …
[XAU/USD] After Filling the Gap
At the start of the Tokyo market this week, the dollar rose, leading to initial selling of gold. Gold dropped to 2,621, which is almost the same level as last …
[CAD/JPY] Trump’s Tariffs and Yen Strength
Former U.S. President Trump announced a 25% tariff on Canada, causing the Canadian dollar to weaken. However, last week, Mexico reached an agreement with Trump on immigration measures, which led …
[USD/JPY] U.S. Employment Data and Yen Strength Adjustment
At the end of last week during Tokyo trading hours, Tokyo-area inflation data showed the fastest growth in three months, surpassing expectations. This led to overall yen strengthening. Additionally, Bank …
[XAU/USD] After the Gap Fill
Last week, the dollar fell sharply at the beginning of the week due to reports that Scott Bessent, known for focusing on fiscal discipline, was nominated as the next Treasury …
[EUR/USD] Eurozone HICP
Germany’s November CPI, announced yesterday, was almost as expected, so there was little reaction from the market. Yesterday, the French central bank governor, Villeroy de Galhau, made some dovish comments, …
[USD/JPY] Risk-On Weakening of the Yen
After a drop the previous day, the USD/JPY pair saw buying pressure in the Tokyo market. Additionally, a meeting between former President Trump and the President of Mexico raised hopes …
[XAU/USD] Risk-On Sentiment
Yesterday, a phone call between former President Trump and the President of Mexico was reported as a ‘friendly conversation.’ This led the market to speculate that additional tariffs on Mexico …