[USD/JPY] Yen Position Reversal
In the Tokyo market, the USD/JPY stayed strong. Before the US inflation report, traders adjusted their yen-buying positions. When the US February Consumer Price Index (CPI) was lower than expected, …
[XAU/USD] US Consumer Price Index (CPI) and Tariff Retaliation Battle
Yesterday, the US February Consumer Price Index (CPI) was lower than expected. As a result, US long-term interest rates fell. At first, gold prices dropped quickly, but they recovered soon …
[CAD/JPY] End of the Tariff Battle?
CAD/JPY dropped to 101.49 in the Tokyo market but later rose to 102.77. However, after President Trump ordered higher tariffs on Canadian steel and aluminum (from 25% to 50%), CAD/JPY …
[USD/JPY] Focus on U.S. Consumer Price Index (CPI)
Yesterday, the Nikkei stock index fell sharply at the opening of the Tokyo market, causing USD/JPY to drop to 146.54. Later, as stock prices recovered, USD/JPY rose to the mid-147 …
[XAU/USD] Retaliatory Tariffs and Hopes for Ukraine Ceasefire
President Trump announced an increase in tariffs on Canada from 25% to 50%. In response, Canada raised export electricity prices to the U.S. by 25%. This trade conflict raised concerns …
[EUR/USD] Speed Adjustment
The euro rose to 1.0871 in the Tokyo market but could not reach last week’s high of 1.0888 and dropped to 1.0805. Later, buyers entered at the low price, and …
[USD/JPY] Global Economic Slowdown Concerns
The yen rose across the board due to the expectation of an early interest rate hike by the Bank of Japan, as well as risk-off yen buying caused by the …
[XAU/USD] NY Stock Prices Drop
The New York stock market saw a big drop in all three major indexes. This happened because people are worried that Trump’s tariffs will slow down the global economy. Last …
[CAD/JPY] Tariffs, Bank of Canada (BOC) Meeting, and Election
On March 4, former U.S. President Trump announced tariffs on Canada, causing CAD/JPY to fall to 102.20. Later, reports that auto tariffs might be delayed for a month helped it …
[USD/JPY] Downward Trend Continues
The Japanese yen is getting stronger because the Bank of Japan may raise interest rates sooner than expected. This is due to a recent statement by the Bank of Japan’s …