[USD/JPY] Yen Strengthens Across the Board
Following comments from Deputy Governor Nagamino the previous day, Governor Ueda also hinted yesterday during Tokyo trading hours that there may be a rate hike at next week’s Bank of …
[XAU/USD] Gold Rises as U.S. Consumer Price Index (CPI) Declines
Yesterday, the U.S. December CPI report showed results higher than expected, including the core CPI. This caused long-term U.S. interest rates to drop. As a result, gold, which does not …
[AUD/JPY] Range Trading Continues
The Australian dollar-yen pair has been trading in a range between 96 and 99 yen since early December last year. Last week’s Australian Consumer Price Index (CPI) was slightly higher …
[USD/JPY] Steady Support Remains
Early yesterday in the Tokyo market, USD/JPY fell to 157.12 yen due to reports that the new Trump administration had not yet approved or decided on tariff policies. Later, Bank …
[XAU/USD] U.S. Long-term Interest Rates and NY Stock Price
Yesterday’s U.S. Producer Price Index (PPI) report showed lower-than-expected results, including the core index. As a result, U.S. long-term interest rates rose to 4.82%. Although gold faced temporary selling pressure, …
[GBP/JPY] Job Improvement Amid Challenges
On Monday, when the Tokyo market was closed, GBP/JPY started with selling pressure. It dropped from 192.75 yen to 190.08 yen during the London market. However, in the New York …
[USD/JPY] Focus on Deputy Governor Himino’s Statement
On Monday, the Tokyo market was closed for a holiday. During this time, USD/JPY dropped to 157.96 yen as selling dominated. Selling of cross-yen pairs increased, leading to both yen …
[XAU/USD] Strong Dollar and Risk-On Sentiment
Last weekend, the U.S. employment data showed strong results, which caused U.S. long-term interest rates to rise again yesterday. Additionally, the NY Dow rebounded sharply, increasing risk-on sentiment. As a …
[EUR/USD] German and French Political/Economic Concerns and U.S. Long-term Interest Rates
Last week, EUR/USD rose to 1.0436 early in the week as the U.S. dollar weakened but formed a short-term double top and fell. By the weekend, strong U.S. employment data …
[USD/JPY] Strong Dollar and Strong Yen
Last weekend’s U.S. employment data was stronger than expected, pushing USD/JPY to its highest level since July last year at 158.87. The U.S. dollar gained broadly as markets now expect …