[EUR/USD] Could Not Reach 1.17
The euro moved above the 1.16 level, which had been a strong resistance the day before. This made it seem like the euro might keep rising, but it stopped just …
[USD/JPY] U.S. Dollar Faces Difficulty Rising
After last week’s U.S. jobs report, the dollar–yen rate fell by more than 4 yen.This week, there has been almost no buying back of the dollar. This means the earlier …
[XAU/USD] U.S.–Russia Talks Show Signs of Progress
Gold prices had been rising, but yesterday selling started first as traders took profits.After that, the U.S. dollar became weaker, and gold prices went up again.On the same day, President …
[EUR/USD] Breaks Above 1.16
From Tokyo to the European session, the euro-dollar stayed mostly flat.But once it reached the high of 1.1595 (from August 4), many people who had stop-loss orders started buying.This pushed …
[USD/JPY] Sideways Market
Yesterday during Tokyo trading hours, former Foreign Minister Kono said that raising interest rates is needed to make the yen stronger. Because of this, the dollar-yen rate went down to …
[XAU/USD] USA and Russia Getting Closer
Gold prices had been going up, but yesterday, many people sold to take profits, so the price went down at first.Later, the US dollar got weaker, so gold prices went …
[EUR/USD] Buying Is Almost Over
After the U.S. jobs report last week, the euro started to recover from its drop—from 1.1788 down to around 1.14.Yesterday, the euro tried twice to go above 1.16 but failed …
[USD/JPY] Risk-On Mood
In the Tokyo market at the start of the week, the USD/JPY rose because of regular corporate demand for dollars. Also, the Nikkei stock index went up, so investors felt …
[XAU/USD] Gold’s Rise is Slowing Down
Gold prices had been going up because many people expected the U.S. central bank to cut interest rates soon. However, at the start of this week, selling came first, and …
[EUR/USD] Euro Buying Continues
After last week’s U.S. jobs report, the euro rose from 1.1390 to 1.1594 by the end of the week. At first, people thought the euro would be sold at the …