[AUD/JPY] U.S.-China Trade Tensions
In Tokyo trading, the yen was bought after Bank of Japan Governor Ueda showed a cautious view on raising interest rates. Also, the minutes from the Reserve Bank of Australia …
[USD/JPY] Recovery from Previous Day’s Drop
At the start of the Tokyo market, Bank of Japan Governor Ueda showed a cautious stance on raising interest rates. This caused people to sell the yen. However, strong selling …
[XAU/USD] Job Openings and Labor Turnover Survey (JOLTS) Report
Gold had been rising due to concerns about U.S.-China trade tensions. However, the gold price dropped after the U.S. April Job Openings and Labor Turnover Survey (JOLTS) report came out …
[EUR/USD] Tariff Retaliation
Last week, President Trump extended the 50% tariffs on the EU until July 9. This helped support the euro. Also, renewed tensions between the U.S. and China caused people to …
[USD/JPY] Trump’s Tariff Troubles
At the end of last week, President Trump said he would raise extra taxes (tariffs) on aluminum and steel to 50%. He also said China broke their agreement, which made …
[XAU/USD] Tariffs and Key U.S. Economic Data
Gold prices rose sharply due to two main reasons: renewed concerns about U.S.-China trade tensions and increased geopolitical risks after Ukraine attacked Russia. The U.S. dollar also weakened, which helped …
[CAD/JPY] BOC Meeting, Jobs Data, and Trump Tariffs
Last week, the Japanese government said it would change its bond plan, which caused long-term interest rates in Japan to fall. This helped the Canadian dollar rise against the yen. …
[USD/JPY] Tariffs and Bank of Japan Interest Rate Hike
The U.S. trade court ordered to stop the Trump tariffs, but there will likely be more court battles with higher courts. This is making the market more uncertain and increasing …
[XAU/USD] Tariffs and Important U.S. Economic Data
Last week, a U.S. trade court ordered to stop the tariffs introduced by President Trump. However, the issue will continue in court, possibly going to the Supreme Court. Also, at …
[EUR/USD] Tariff Pause May Be Temporary
In the Tokyo market, the euro dropped from 1.1295 to 1.1211 after the U.S. International Trade Court ordered a stop to Trump’s tariffs. However, because many people think the tariffs …