[XAU/USD] Doji Candlestick at the Top
Yesterday, the Tokyo market was closed, and gold reached a high price. However, it later started to fall. On the daily candlestick chart, a Doji candlestick has appeared at a …
[USD/JPY] U.S. Consumer Price Index (CPI) Report
Yesterday, global stock markets rose, leading to a risk-on mood. As a result, investors sold the Japanese yen, and USD/JPY remained strong. During the New York session, Federal Reserve Chair …
[GBP/USD] Bank of England (BOE) Maintains Tight Policy
Yesterday, during London trading hours, BOE MPC member Mann said that the Bank of England (BOE) will continue its tight monetary policy in the future. This was surprising because, in …
[XAU/USD] Trade Tensions and the Shift Away from the Dollar
The Trump administration announced a 25% tariff on aluminum and steel for all countries. This raised concerns about worsening trade tensions, leading to increased gold buying. As a result, gold …
[USD/JPY] 200-Day Moving Average
At the start of the week, the Tokyo market saw a rise in the US dollar after President Trump announced a 25% tariff on aluminum and steel for all countries. …
[AUD/JPY] No Impact from Tariffs
The Trump administration announced a 25% tariff on aluminum and steel for all countries. However, Australia’s trade minister said that Australia has a trade deficit with the US, so the …
[XAU/USD] A Pullback in Gold is a Buying Opportunity
Last weekend, the U.S. jobs report showed that the labor market is strong. Because of this, U.S. long-term interest rates went up. Before the report, interest rates had gone down, …
[USD/JPY] Trump’s Tariff Plans and Japan-U.S. Financial Policies
During the Japan-U.S. summit, former President Trump said he wants to reduce the U.S. trade deficit with Japan. He also mentioned that tariffs on Japan are one option. However, compared …
[GBP/USD] Bank of England (BOE) Rate Cut Expectations and Tariff Issues
Last week, the Bank of England (BOE) lowered interest rates by 0.25% to 4.5%, as expected. However, two of the nine BOE members wanted a bigger cut of 0.5%, making …
[XAU/USD] Profit-taking Sell-off
Gold reached a new all-time high yesterday, but U.S. long-term interest rates also increased. Today, ahead of the U.S. employment report, some traders are selling to take profits and adjusting …