[USD/JPY] After Dollar Buying Ends, Yen Rises Again
After the U.S. jobs report last Friday, the USD/JPY fell from around 150.50 to the low 147 range. On Monday morning in Tokyo, people started buying U.S. dollars again. Also, …
[EUR/USD] Euro Buying Continues
After last week’s U.S. jobs report, the euro rose from 1.1390 to 1.1594 by the end of the week. At first, people thought the euro would be sold at the …
[XAU/USD] Job Weakness and Geopolitical Risk
Last Friday, the U.S. jobs report for July was worse than expected. This surprise made the U.S. dollar weaker and caused gold prices to go up. Gold even went above …
[USD/JPY] Falls Below the 200-Day Moving Average Again
Last week, both Japan and the U.S. had important meetings about their money policies. Japan showed signs of raising interest rates, while the U.S. showed caution about lowering them. Because …
[EUR/USD] After the Short Covering Ends
After the recent buying ended, the euro may start falling again. At the start of last week, the euro was expected to go up after the U.S. and Europe reached …
[XAU/USD] U.S. Employment Report
Yesterday during New York trading hours, the U.S. PCE Deflator (a price index showing inflation) came out stronger than expected. This made the U.S. dollar go up even more. Gold …
[USD/JPY] Breaks Above 200-Day Moving Average
In the Bank of Japan’s report, the forecast for 2025 inflation was raised a lot. This caused the dollar/yen to fall to 148.60. However, BOJ Governor Ueda said policy will …
[EUR/USD] Eurozone HICP and Weekend Rebound
In the recent FOMC meeting, the U.S. showed it is not ready to cut interest rates soon. Because of this, the euro dropped from 1.15 to 1.1401. After that, it …
[XAU/USD] Federal Open Market Committee (FOMC) and GDP
Gold dropped in price after the U.S. GDP (economic growth data) for April to June was announced during New York trading hours yesterday. The GDP grew by 3.0%, which was …
[EUR/USD] Strong U.S. Dollar Pushes Euro Down
Yesterday during European trading hours, the GDP (economic growth data) for the Eurozone from April to June was announced at 1.4%, which was better than the expected 1.2%. However, the …