[XAU/USD] Federal Open Market Committee (FOMC) and GDP
Gold dropped in price after the U.S. GDP (economic growth data) for April to June was announced during New York trading hours yesterday. The GDP grew by 3.0%, which was …
[EUR/USD] Trend Reversal
Even though the U.S. and Europe agreed on tariffs, Europe must invest $750 billion in the U.S. and accept other difficult conditions. These conditions created worries about the European economy, …
[USD/JPY] Final Adjustment Before Federal Open Market Committee (FOMC)
Before today’s U.S. central bank meeting (FOMC), people started buying back U.S. dollars, and the USD/JPY rate went up to 148.80 yen. However, because stock prices in Japan (Nikkei) and …
[XAU/USD] Federal Open Market Committee (FOMC) and US–China Talks
U.S. Treasury Secretary Besent said yesterday’s trade talks with China were productive and satisfactory. However, he also said that extending the deadline would be up to President Trump. Although the …
[EUR/USD] Euro Fell Even After U.S.–EU Tariff Agreement
At the start of the week in the Tokyo market, the euro went up to 1.1770 after news that the U.S. and EU had agreed on a 15% tariff. However, …
[USD/JPY] Dollar Buying Before U.S. and Japan Policy Meetings
Over the weekend, the U.S. and the EU reached a trade agreement. This made the market feel calm, and many people started buying U.S. dollars. Also, both Japan and Europe …
[XAU/USD] After the Trade War Was Avoided, Attention Turns to FOMC
Gold prices went up at first because the U.S. and Europe reached an agreement about tariffs, just like the U.S. and Japan had done earlier. This made people sell the …
[EUR/USD] Will the European Central Bank (ECB) Cut Rates Again?
At the European Central Bank (ECB) meeting yesterday, the interest rate was kept at 2.15%, just as most people expected. The official statement did not include any big news. However, …
[USD/JPY] Dollar Buying and Yen Selling During Risk-On Mood
After the U.S.–Japan tariff talks ended with an agreement, some people thought the Bank of Japan might raise interest rates. Because of this, the USD/JPY price fell to 145.86 yen …
[XAU/USD] Tariffs and FOMC
Last week, the U.S. and Japan reached an agreement on tariffs. This made investors feel safe, so they sold gold, which is usually bought when people feel uncertain. As a …