[XAU/USD] Profit-Taking Sale, Then Rebound
Last week, gold prices dropped after a long time. This happened because the U.S. Federal Reserve (FOMC) gave a passive statement, meaning they were not planning to raise interest rates …
[GBP/USD] Will It Start Falling?
The British pound rose above 1.30 after the Federal Open Market Committee (FOMC) meeting showed a softer stance than expected. However, in the European market, the pound fell as traders …
[USD/JPY] Dollar Selling Dominates
After the Federal Open Market Committee (FOMC) meeting, the US dollar weakened because the results were not as strong as expected. Since Tokyo was on holiday, USD/JPY dropped to 148.18 …
[XAU/USD] Federal Open Market Committee (FOMC) and Middle East Situation
After the Federal Open Market Committee (FOMC) meeting the day before, the US dollar weakened, which made gold prices rise strongly. However, yesterday, the dollar rebounded, limiting gold’s upward movement. …
[EUR/USD] Euro Struggles to Rise After Federal Open Market Committee (FOMC)
Before the FOMC meeting, traders sold euros to adjust their positions, causing the price to drop from the mid-1.09 level to 1.0860. During the meeting, the Federal Reserve repeated its …
[USD/JPY] Yen Rises After U.S. and Japan Policy Meetings
As expected, the Bank of Japan kept interest rates the same. The central bank mentioned global uncertainty but also showed concern about rising prices, suggesting that interest rate increases could …
[XAU/USD] Federal Open Market Committee (FOMC) and Ukraine
Before the FOMC meeting, some traders sold gold to take profits. However, after the meeting, gold prices started to rise again. As expected, the FOMC decided to keep interest rates …
[CAD/JPY] Bank of Japan Rate Hike
Canada’s February inflation rate was 2.6%, higher than the expected 2.2%. Since this is well above the Bank of Canada’s (BOC) 2% target, expectations for interest rate cuts in Canada …
[USD/JPY] Downward Trend Continues
Yesterday, before the Japan-U.S. financial policy meetings, traders adjusted their yen positions, pushing the USD/JPY up to 149.93. However, it failed to reach 150 and then lost strength, confirming strong …
[XAU/USD] Focus on the Federal Open Market Committee (FOMC) Meeting
In a phone meeting between Putin and Trump, they agreed to stop attacks on power plants and other energy facilities for 30 days. However, they did not agree to stop …