[CAD/JPY] Prime Minister Trudeau to Resign
In yesterday’s Tokyo market, news broke that Canadian Prime Minister Trudeau is likely to resign as party leader and prime minister this week. The Canadian dollar rose in response, as …
[USD/JPY] Range Market Continues
In the Tokyo market after the New Year, USD/JPY started with buying for exchange settlements, rising to 157.82. However, the Nikkei Stock Average fell sharply on the first trading day …
[XAU/USD] Rising Interest Rates Limit Gold’s Upside
U.S. long-term interest rates briefly fell due to concerns over tariffs under the Trump administration but later started rising again, leading to stronger selling of gold. Trump denied reports that …
[GBP/JPY] Expected Rate Cuts in Fiscal Year 2025
Last year, the GBP/JPY showed steady movement, starting around 184 yen, rising to the low 208 yen range, then dropping to around 180 yen before recovering to 200 yen. However, …
[USD/JPY] 158 Yen Range After Sideways Movement
On January 2, the first trading day of the year, the dollar strengthened against the yen, reaching 157.77 yen before falling back to 156.44 yen. In the New York market, …
[XAU/USD] U.S. Employment Data and Interest Rates
At the start of the year, gold buying was strong, but the next day, prices began to drop. This was due to the U.S. ISM Non-Manufacturing Index being lower than …
[EUR/USD] Exchange Rate Forecast for 2025
Under the Trump administration, higher tariffs and political instability in Germany and France are expected to weaken the euro further. Additionally, with the economy slowing down, the European Central Bank …
[USD/JPY] Exchange Rate Forecast for 2025
Last year, the USD/JPY exchange rate started at 140.80 yen and climbed to 161.95 yen before dropping to 139.58 yen. It closed near the high at around 158 yen. Overall, …
[XAU/USD] Gold Price Forecast for This Year
Last year, the price of gold started at a low of around $2,000 and rose to a peak near $2,800. It was almost a steady upward trend. This increase was …
[EUR/USD] Closes Near Low Levels
Yesterday, the euro rose in the European market, supported by rising stock prices, reaching 1.0457. However, U.S. long-term interest rates fell. When the Chicago Purchasing Managers’ Index was released and …