[USD/JPY] Bank of Japan Rate Hike Unlikely
Because the U.S. announced a 25% tariff on Japanese goods, people now think the Bank of Japan will not raise interest rates soon. This caused more people to sell the …
[XAU/USD] Tariff Deadline Extended Again
Because the tariff deadline on July 9 was extended again to August 1, the market felt safer. This made people take more risk, and some sold gold. Also, talks with …
[EUR/USD] Tariffs May Be Next for the EU
When the U.S. announced a 25% tariff on Japan and South Korea, the Japanese yen became weaker. Now, it is expected that a letter about tariffs to the EU will …
[USD/JPY] 25% Tariff on Japan
In the Tokyo market, the U.S. dollar became stronger because President Trump’s comments made investors buy emerging market currencies. The USD/JPY rate rose to the 145 yen level. In the …
[XAU/USD] Central Bank Gold Buying and Trump Tariffs
President Trump announced that he will place a 25% tariff on goods from Japan and South Korea starting August 1. Because of this news, market uncertainty increased, U.S. long-term interest …
[EUR/USD] Tariff Talks and Weak Dollar
Last week, the euro rose to 1.1829 against the U.S. dollar — the highest level since September 2021 — because people were selling dollars.But then, some traders sold the euro …
[USD/JPY] Double Top Neckline
Last week, USD/JPY went down because President Trump said he might raise tariffs on Japanese cars.He also said the U.S. central bank should cut interest rates a lot, which pushed …
[XAU/USD] Gold Buying Due to Risk-Off Mood
Last week, gold prices went up because U.S. Treasury Secretary Bessent and President Trump pushed the U.S. central bank to lower interest rates. As a result, interest rates in the …
[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 …