[XAU/USD] Powell May Be Removed from His Position
Yesterday in New York time, the U.S. June Producer Price Index (PPI) was announced. The results were a little lower than expected. Because of this, people thought the Federal Reserve …
[EUR/USD] Strong Dollar
Yesterday in New York, the U.S. inflation data (CPI) was higher than expected. This made U.S. long-term interest rates go up, so the euro became weaker and fell. It went …
[USD/JPY] Strong Dollar, Weak Yen
The U.S. government allowed chip exports to China again. This helped reduce tensions between the U.S. and China, making people sell the yen. At the same time, the U.S. inflation …
[XAU/USD] CPI Higher Than Expected
Yesterday, the U.S. Consumer Price Index (CPI) for June was announced. It was 2.7%, higher than the expected 2.6%. Because of this, people now think the U.S. central bank (Federal …
[EUR/USD] 30% EU Tariff and Retaliation
At the end of last week, President Trump said he would add a 30% tariff on goods from the EU. Because of this, the euro started lower at 1.1660 in …
[USD/JPY] Tariff Impact Weakens and CPI
At the end of last week, President Trump said he would add a 30% tariff on goods from the EU and Brazil. Because of this, when the Tokyo market opened …
[XAU/USD] US CPI (Consumer Price Index) and TACO
Gold prices went up at the beginning of the week in the Tokyo market after it was announced that a 30% tariff would be added to goods from Mexico and …
[EUR/USD] 30% EU Tariff
Last week, European Central Bank (ECB) Vice President De Guindos said that if the euro rises above 1.20 dollars, it will be hard for the central bank to respond. Because …
[USD/JPY] Weak Yen and Strong Dollar
Last week, people expected that the Bank of Japan would not raise interest rates soon, and the U.S. Federal Reserve would also wait before cutting rates. Because of this, the …
[XAU/USD] U.S. Consumer Price Index (CPI) and Tariff Talks
Last week, gold prices went down first because President Trump said he would delay the tariff deadline to August 1. This news made people buy the U.S. dollar and sell …