[USD/JPY] Warning Against Yen Weakness
Yesterday, during Tokyo trading hours, Bank of Japan board member Tamura said that interest rates may need to rise to at least 1% by late 2025. After this comment, the …
[EUR/USD] European Central Bank (ECB) Neutral Interest Rate
The euro fell to 1.0353 during Tokyo and European trading but later recovered to 1.0396 in New York after weak U.S. economic data. Today, the European Central Bank (ECB) will …
[XAU/USD] Weaker Dollar Pushes Gold Higher
Gold buying continues without stopping. Yesterday, during New York trading hours, the U.S. January ADP employment report and ISM non-manufacturing data were released. Both were lower than expected. Because of …
[USD/JPY] Below 200-Day Moving Average
Yesterday, during Tokyo trading hours, Japan’s December wage data showed a 0.6% increase in real wages. Also, Economy Minister Akazawa said he agrees with the Bank of Japan Governor on …
[GBP/JPY] Bank of England (BOE) Expected to Cut Rates by 0.25%
Yesterday, during Tokyo trading hours, Japan’s Economy Minister Akazawa made comments that increased expectations for an interest rate hike in Japan. Because of this, GBP/JPY dropped from the upper 192 …
[XAU/USD] NY Stocks Rise and Trade Tariff Battle
The U.S. government decided to extend tariffs on Canada and Mexico for one more month. This gave investors a sense of relief. However, China announced new tariffs against the U.S. …
[USD/JPY] China’s Tariff Response
In the Tokyo market, people bought Japanese yen against many other currencies, especially the Canadian dollar. This pushed the U.S. dollar up against the yen. Investors reacted positively to the …
[CAD/JPY] Tariff Delay
The Trump administration decided to delay tariffs on Mexico and Canada for one month. This gave investors some relief, and the CAD/JPY rate rose to 107.77 in early Tokyo trading. …
[XAU/USD] Increased Volatility
The Trump administration decided last weekend to impose a 25% tariff on Mexico and Canada. Because of this, gold prices fell at the beginning of the week. However, when news …
[USD/JPY] Trump’s Tariffs Are Uncertain
At the beginning of the week, the U.S. dollar rose to 155.88 yen after the Trump administration decided to impose a 25% tariff on Mexico and Canada. However, when Japan’s …