[USD/JPY] Risk-On Weakening of the Yen
After a drop the previous day, the USD/JPY pair saw buying pressure in the Tokyo market. Additionally, a meeting between former President Trump and the President of Mexico raised hopes …
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
After a drop the previous day, the USD/JPY pair saw buying pressure in the Tokyo market. Additionally, a meeting between former President Trump and the President of Mexico raised hopes …
Yesterday, a phone call between former President Trump and the President of Mexico was reported as a ‘friendly conversation.’ This led the market to speculate that additional tariffs on Mexico …
During the RBNZ policy meeting held during Tokyo hours yesterday, the policy interest rate was cut by 0.5%, as expected, bringing it to 4.5%. Some in the market had anticipated …
As cross-yen currencies continue to decline, USD/JPY also faced selling pressure starting in the Tokyo market. This weak trend continued into the European session, with resistance seen at higher levels. …
With Israel and Hezbollah reaching a ceasefire agreement, geopolitical risks have temporarily eased. However, the drop in long-term US interest rates has increased demand for gold. Today is Thanksgiving in …
Early in the Tokyo trading session, news about Trump’s tariffs on China, Canada, and Mexico caused the euro to drop, falling to 1.0425. However, it later recovered, rising to 1.0554 …
Early in the Tokyo trading session, Trump announced tariffs on China, Canada, and Mexico. This caused the dollar to strengthen, pushing USD/JPY up to 154.49. However, selling in cross-yen pairs …
Gold selling increased the day before due to reports of Scott Bessent being nominated as the next Treasury Secretary. However, yesterday, news of Trump imposing additional tariffs on China caused …
In the Tokyo market, CAD/JPY dropped to 110.20 yen but rebounded to 110.80 yen in the European market. However, it fell again during the New York session. The decline was …
On Monday, the Tokyo market started with selling pressure on USD/JPY. Over the weekend, reports suggested that Scott Bessent, who is expected to focus on fiscal discipline, might be nominated …