[USD/JPY] Bank of Japan Likely to Hold Off on Rate Hike
During Tokyo trading hours, reports from some news agencies suggested that the Bank of Japan (BOJ) might hold off on raising interest rates at their December meeting. This news pushed …
[XAU/USD] Risk-Off Sentiment Eases and Fed’s Hawkish Stance
Gold prices struggled to rise as tensions in South Korea, which had triggered a state of emergency the previous day, began to settle. However, when the U.S. ISM Non-Manufacturing PMI …
[EUR/USD] Strong U.S. Economy
In the Tokyo market, the euro dropped to 1.0481 as U.S. long-term interest rates rose, leading to euro selling. However, in the European market, the trend reversed, and the euro …
[USD/JPY] Yen Buying Due to Risk-Off Sentiment
Yesterday in the Tokyo market, the Nikkei stock index rose sharply, which led to yen selling (risk-on sentiment) and dollar buying due to rising U.S. interest rates. As a result, …
[XAU/USD] Martial Law in South Korea
In the Tokyo market, gold prices were under pressure as risk-on sentiment increased, supported by the rise in the Nikkei stock average. However, when the New York market opened, South …
[EUR/USD] Possible Double Top
At the start of the Tokyo market this week, U.S. long-term interest rates rose, causing the euro to drop to the low 1.05 range. Weak November manufacturing PMI results from …
[USD/JPY] Cross-Yen Selling
At the start of the Tokyo market this week, U.S. long-term interest rates rose, causing the dollar-yen pair to climb by over 1 yen, from around 149.50 to 150.74. After …
[XAU/USD] After Filling the Gap
At the start of the Tokyo market this week, the dollar rose, leading to initial selling of gold. Gold dropped to 2,621, which is almost the same level as last …
[CAD/JPY] Trump’s Tariffs and Yen Strength
Former U.S. President Trump announced a 25% tariff on Canada, causing the Canadian dollar to weaken. However, last week, Mexico reached an agreement with Trump on immigration measures, which led …
[USD/JPY] U.S. Employment Data and Yen Strength Adjustment
At the end of last week during Tokyo trading hours, Tokyo-area inflation data showed the fastest growth in three months, surpassing expectations. This led to overall yen strengthening. Additionally, Bank …