[GBP/JPY] Five Consecutive Days of Gains
On December 19, the Bank of England (BOE) decided not to lower interest rates during its meeting. As a result, GBP/JPY rose for the fifth day in a row. It …
[USD/JPY] Targeting the Yen During Tokyo Market Holiday
Last weekend in the Tokyo market, the USD/JPY pair had risen to the 158-yen range, leading to selling by actual market participants. Early in the morning, Tokyo’s Consumer Price Index …
[XAU/USD] Rising U.S. Long-Term Interest Rates and Falling Stock Prices
Last weekend in the New York market, gold prices dropped to 2612 due to rising U.S. long-term interest rates.At the same time, all three major indices in the New York …
[EUR/USD] After the Christmas Holidays
Yesterday, while the European market remained closed, the New York market reopened. As the Dollar weakened, the Euro rose to 1.0429 but continued to trade in a narrow range. Today, …
[USD/JPY] Dollar/Yen Holds Steady
Yesterday in the Tokyo market, the USD/JPY rose to 157.47 due to strong buying during the midday trading session. European markets remained closed, leading to quiet trading. However, in the …
[XAU/USD] Gold Rises as U.S. Interest Rates Fall
Yesterday, gold prices remained stable as major markets in Asia and Europe were closed. However, after the holiday, U.S. interest rates dropped in the New York market. This was due …
[TRY/JPY] Turkish Central Bank Policy Meeting
Today, during European trading hours, the Turkish Central Bank will hold a policy meeting. The market expects an interest rate cut from 50% to 48.25%, a decrease of 1.75%. However, …
[USD/JPY] Quiet Market Focuses on Yen
Yesterday during Tokyo trading hours, Bank of Japan (BOJ) Governor Ueda mentioned the importance of labor negotiations (Shunto) and the direction of the incoming Trump administration as key factors for …
[XAU/USD] New York (NY) Market Reopens
Yesterday, the main markets outside of Tokyo were closed for Christmas. As a result, price movements stayed within a narrow range of about 10 points. Today is Boxing Day, so …
[GBP/JPY] UK GDP
Yesterday, the UK GDP for the July-September period was announced at 1.9%, which was lower than the expected 1.0%. However, there was no noticeable market reaction. At last week’s Bank …