[EUR/USD] Germany’s GDP and CPI
The Euro rose to 1.0826 as U.S. long-term interest rates fell from the Tokyo session to the European session. However, as U.S. interest rates went back up, the Euro dropped …
[AUD/JPY] Focus on Australian CPI
In October, the Australian dollar/Japanese yen (AUD/JPY) has been trading around 100 yen, where the 200-day moving average is positioned, with prices moving up and down without a clear direction. …
[USD/JPY] Uncertainty in Japanese Politics and Strong U.S. Economy
The results of last weekend’s lower house election showed that both the Liberal Democratic Party and Komeito failed to maintain a majority, leading to yen weakness across the board in …
[EUR/USD] ECB Rate Cut Expectations Decline
In the Tokyo market, the euro faced resistance and moved downward, dropping to 1.0783. However, it reversed in the European market. Statements from Unsch, the head of Belgium’s central bank, …
[CAD/JPY] Decline in Crude Oil Prices
With Japan’s lower house election leading to the ruling party losing its majority, the yen saw selling pressure, pushing CAD/JPY (Canadian Dollar/Yen) up to 110.72. However, this was followed by …
[USD/JPY] BOJ Meeting and Intervention Concerns
Last week, there was news that Japan’s Finance Minister Kato and the U.S. Treasury Secretary discussed the exchange rate, which briefly led to selling of USD/JPY. However, this was eventually …
[EUR/USD] Eurozone CPI and Next Week’s FOMC Meeting
Compared to the strong U.S. economy, the weaker European economy and rapid interest rate cuts have caused the euro to fall. It dropped from around $1.12 (where it hit a …
[AUD/JPY] Room for Decline
The Reserve Bank of Australia (RBA) is the only major central bank (outside of Japan) that hasn’t lowered interest rates recently. If the RBA does start to lower rates, the …
[NZD/JPY] Slight Uptrend with NZ Dollar Weakness and Yen Fluctuations
Today’s outlook for the NZD/JPY exchange rate reflects mixed signals. Currently, the NZD/JPY pair is trading around 91.16-91.33, showing slight upward momentum, but analysts suggest it may experience volatility in …
[AUD/JPY] Short-Term Decline with Potential Gains in November 2024
Today’s outlook for the AUD/JPY pair shows a generally bullish trend. The exchange rate is expected to hover around ¥101.36, with forecasts indicating a slight decline to ¥101.26 in the …