[XAU/USD] Weekend Selling Adjustment
Yesterday, the US dollar continued to fall because of news about Director Cook possibly resigning, which lowered trust in the Federal Reserve.Gold went above the August 8 high of 3,409 …
[USD/JPY] Japan–US Interest Rate Difference
In Tokyo trading, Bank of Japan (BOJ) member Nakagawa made comments showing a stricter stance such as ‘the environment for raising rates has slightly improved since April’ and ‘we are …
[EUR/USD] Is the ECB Close to Ending Rate Cuts?
Yesterday’s European Central Bank (ECB) meeting notes said that ‘interest rates are mostly in a neutral area’ and ‘keeping rates at the current level gives more time to watch trade …
[XAU/USD] Decline in Trust for Federal Reserve Board (FRB)
After the news about Governor Cook’s resignation, people continued selling the U.S. dollar and buying gold. This made gold prices stay strong. Yesterday, Treasury Secretary Bessent also criticized the Federal …
[USD/JPY] Sideways Movement Continues
In the Tokyo market yesterday, the dollar-yen went up close to 148 yen because of special month-end buying. In the European market, it rose further to 148.18 yen as U.S. …
[EUR/USD] Political Worries in France and Netherlands
During Tokyo trading, the euro fell to the low 1.16 level as U.S. long-term interest rates slowly went up. In the European market, worries about politics in France and then …
[XAU/USD] Decline in Trust for the U.S. Federal Reserve
This week, gold was expected to fall after rising from Chairman Powell’s comments at the Jackson Hole meeting last week, but the drop was short. Yesterday, buying became stronger. Early …
[USD/JPY] Dismissal Drama of Governor Cook
At the start of the Tokyo market, the dollar fell sharply. President Trump announced the dismissal of Federal Reserve Board (FRB) Governor Cook, and people thought trust in the FRB …
[EUR/USD] U.S. Federal Reserve Independence and U.S. Rate Decline
Yesterday, when President Trump announced a dismissal notice forFederal Reserve Board (FRB), the dollar dropped sharply and the euro rose to 1.1660. Later, Governor Cook said ‘there is no reason …
[XAU/USD] U.S. Federal Reserve Rate Cut Expectations Increase
At the Jackson Hole meeting last weekend, Chairman Powell’s comments were seen as soft, which led to selling of the U.S. dollar and gold rose to 3,378. At the beginning …