[USD/JPY] Double Top Neckline
Last week, the US dollar went down after Moody’s lowered the credit rating of the United States. Then, people thought Japan and the US might talk about stopping the weak …
[ZAR/JPY] SARB Rate Cut and Trade Talks
Last week, US President Trump met with South African President Ramaphosa and spoke strongly about the treatment of white farmers in South Africa. Whether true or not, this may hurt …
[XAU/USD] Triple Weakness Paused
Gold went up the day before because the U.S. dollar, stocks, and bonds all went down (this is called “triple weakness”). But yesterday, this rise in gold paused. As a …
[USD/JPY] No Talk About Stopping Weak Yen
In early Tokyo trading, the U.S. and Japan held a finance meeting, but they did not talk about the exchange rate. After this news, the dollar rose to 144.39 yen. …
[EUR/USD] Dollar Buying Returns
Following the U.S. market drop the day before, the euro stayed strong from Tokyo to the European market and rose to 1.1344. However, new economic data from Germany and the …
[XAU/USD] Gold Rises Due to U.S. Triple Weakness
Gold prices went up during the Tokyo trading session after news that Israel may be planning to attack Iran’s nuclear facilities. This news increased geopolitical risks, which made gold prices …
[USD/JPY] Correction of Weak Yen and Less Demand for U.S. Dollar
In the Tokyo market, the U.S. dollar was sold first. After news came out that Israel may be planning to attack Iran’s nuclear facilities, investors became more careful and bought …
[CAD/JPY] Risk-Off
In the Tokyo market, news that Israel may be planning to attack Iran’s nuclear facilities caused investors to avoid risk. As a result, people bought the safe Japanese yen, and …
[XAU/USD] Dollar Selling Pressure
In the European market, when the euro went up against the dollar (meaning the dollar was being sold), gold prices also went up. Gold broke above the previous day’s high …
[USD/JPY] Meeting Between US and Japan Finance Ministers
At the start of the Tokyo market, the USD/JPY rose above the previous day’s high of 145.21 yen and reached 145.51 yen. Later, during the G7 meeting, Japan’s Finance Minister …