[AUD/JPY] No Impact from Tariffs
The Trump administration announced a 25% tariff on aluminum and steel for all countries. However, Australia’s trade minister said that Australia has a trade deficit with the US, so the …
[USD/JPY] 200-Day Moving Average
At the start of the week, the Tokyo market saw a rise in the US dollar after President Trump announced a 25% tariff on aluminum and steel for all countries. …
[XAU/USD] Trade Tensions and the Shift Away from the Dollar
The Trump administration announced a 25% tariff on aluminum and steel for all countries. This raised concerns about worsening trade tensions, leading to increased gold buying. As a result, gold …
[GBP/USD] Bank of England (BOE) Rate Cut Expectations and Tariff Issues
Last week, the Bank of England (BOE) lowered interest rates by 0.25% to 4.5%, as expected. However, two of the nine BOE members wanted a bigger cut of 0.5%, making …
[USD/JPY] Trump’s Tariff Plans and Japan-U.S. Financial Policies
During the Japan-U.S. summit, former President Trump said he wants to reduce the U.S. trade deficit with Japan. He also mentioned that tariffs on Japan are one option. However, compared …
[XAU/USD] A Pullback in Gold is a Buying Opportunity
Last weekend, the U.S. jobs report showed that the labor market is strong. Because of this, U.S. long-term interest rates went up. Before the report, interest rates had gone down, …
[EUR/USD] European Central Bank (ECB) Neutral Interest Rate
The euro fell to 1.0353 during Tokyo and European trading but later recovered to 1.0396 in New York after weak U.S. economic data. Today, the European Central Bank (ECB) will …
[USD/JPY] Warning Against Yen Weakness
Yesterday, during Tokyo trading hours, Bank of Japan board member Tamura said that interest rates may need to rise to at least 1% by late 2025. After this comment, the …
[XAU/USD] Profit-taking Sell-off
Gold reached a new all-time high yesterday, but U.S. long-term interest rates also increased. Today, ahead of the U.S. employment report, some traders are selling to take profits and adjusting …
[GBP/JPY] Bank of England (BOE) Expected to Cut Rates by 0.25%
Yesterday, during Tokyo trading hours, Japan’s Economy Minister Akazawa made comments that increased expectations for an interest rate hike in Japan. Because of this, GBP/JPY dropped from the upper 192 …