[USD/JPY] Bank of Japan Rate Hike Unlikely
Because the U.S. announced a 25% tariff on Japanese goods, people now think the Bank of Japan will not raise interest rates soon. This caused more people to sell the …
[EUR/USD] EU Tariff Talks Near Agreement
Early in Tokyo trading, there was news that the U.S. offered the EU a 10% tariff deal with conditions. This made people buy the euro, and the price went up …
[XAU/USD] Central Bank Gold Buying and Trump Tariffs
President Trump announced that he will place a 25% tariff on goods from Japan and South Korea starting August 1. Because of this news, market uncertainty increased, U.S. long-term interest …
[USD/JPY] 25% Tariff on Japan
In the Tokyo market, the U.S. dollar became stronger because President Trump’s comments made investors buy emerging market currencies. The USD/JPY rate rose to the 145 yen level. In the …
[EUR/USD] Tariffs May Be Next for the EU
When the U.S. announced a 25% tariff on Japan and South Korea, the Japanese yen became weaker. Now, it is expected that a letter about tariffs to the EU will …
[XAU/USD] Gold Buying Due to Risk-Off Mood
Last week, gold prices went up because U.S. Treasury Secretary Bessent and President Trump pushed the U.S. central bank to lower interest rates. As a result, interest rates in the …
[USD/JPY] Double Top Neckline
Last week, USD/JPY went down because President Trump said he might raise tariffs on Japanese cars.He also said the U.S. central bank should cut interest rates a lot, which pushed …
[EUR/USD] Tariff Talks and Weak Dollar
Last week, the euro rose to 1.1829 against the U.S. dollar — the highest level since September 2021 — because people were selling dollars.But then, some traders sold the euro …
[XAU/USD] Surprise in U.S. Employment Data
The U.S. jobs report for June, announced yesterday, was stronger than expected. Many people thought the labor market was weak because of earlier data like the ADP jobs numbers, but …
[USD/JPY] Japanese Yen Weakened Against Many Currencies
In the Tokyo market yesterday, the USD/JPY (U.S. dollar vs Japanese yen) stayed strong. The day before, Vietnam and the U.S. agreed on a deal about tariffs, which made the …