[XAU/USD] Buying Back on Hopes of Interest Rate Cut
Yesterday, gold went up for the first time in five trading days. President Trump said that Mr. Cook, a member of the Federal Reserve Board, should resign immediately because of …
[USD/JPY] Sideways Movement Continues
Yesterday, Japan’s July trade balance showed a bigger deficit than expected, and the dollar rose to 147.81 yen. But when the Nikkei stock index fell sharply, investors bought the yen …
[EUR/USD] Dollar Falls After Trump’s Comment
In the Tokyo market, the euro first went down to 1.1623, but it quickly recovered. Later, in the European market, Germany’s July Producer Price Index (PPI) was lower than expected, …
[XAU/USD] Risk-On
At the U.S.–Russia leaders meeting, no ceasefire was agreed. However, the chance of a three-party meeting increased, and this made gold prices fall. On the other hand, in the New …
[XAU/USD] Risk-On
Dalam pertemuan antara pemimpin AS dan Rusia, tidak ada kesepakatan gencatan senjata. Namun, peluang untuk pertemuan tiga pihak meningkat, dan hal ini membuat harga emas turun. Di sisi lain, di …
[USD/JPY] Yen Buying on Risk-Off
During Tokyo trading, the dollar-yen (USD/JPY) briefly went up to 148.11 after news that S&P kept the U.S. credit rating unchanged, but it quickly fell back. When the Nikkei stock …
[EUR/USD] Hopes for Ukraine Peace
In the European market, the euro was bought because of hopes for a U.S.–Russia–Ukraine meeting. The euro rose to 1.1692, but it could not reach the previous day’s high of …
[XAU/USD] U.S.–Russia Leaders Meeting Did Not Reach Ceasefire
Last weekend, the meeting between U.S. and Russian leaders ended without a ceasefire.In the future, a meeting including President Zelensky is expected, but it still seems far away. As geopolitical …
[USD/JPY] Focus on Short-Term Trading
Although the U.S.–Russia leaders’ meeting did not end with a ceasefire, there are signs of movement toward ending the Ukraine war, so geopolitical risk is calm for now. In the …
[EUR/USD] Short-Term Double Top
In the Tokyo market at the start of the week, the euro rose to 1.1715, the same level as last weekend’s high, but it could not break above and then …