A clear explanation of daily buying and selling points. This is a summary of the author’s own market views, and final decisions regarding actual investments and trading should be made at your own discretion.
Updated daily
Last week, EUR/USD rose to 1.0436 early in the week as the U.S. dollar weakened but formed a short-term double top and fell. By the weekend, strong U.S. employment data …
Last weekend’s U.S. employment data was stronger than expected, pushing USD/JPY to its highest level since July last year at 158.87. The U.S. dollar gained broadly as markets now expect …
Last weekend’s U.S. employment data showed stronger-than-expected results, leading to a rise in long-term U.S. interest rates. As a result, gold prices initially dropped. However, later, the Dow Jones Industrial …
Last year, the Bank of Canada (BOC) was one of the first in developed countries to lower interest rates. They cut rates five times, reducing them from 5% to 3.25%, …
At the Bank of Japan’s branch managers’ meeting yesterday, it was pointed out that many people want stable exchange rates. There were also aggressive comments, such as large companies planning …
Yesterday, the NY stock market was closed due to the state funeral of former President Carter. The bond market had shortened trading hours, during which U.S. long-term interest rates fell. …
Australia’s November CPI (Consumer Price Index) was 2.3%, higher than the expected 2.2%, but this led to selling of the Australian dollar. Selling pressure increased because the central bank’s trimmed …
The USD/JPY exchange rate has been slowly testing higher levels. Yesterday in the Tokyo market, USD/JPY reached the 158 yen range but faced resistance as Japan’s long-term interest rates rose …
Yesterday, during New York trading hours, the U.S. ADP Employment Report was released, showing weaker-than-expected results. This caused the U.S. dollar to weaken, leading to an increase in gold buying. …
Yesterday, the Eurozone HICP inflation rate remained at 2.7%, as expected, unchanged from the previous month. However, France’s CPI was weaker than expected, keeping speculation about further ECB rate cuts …
