[XAU/USD] Gold Price Drops as US-EU Tariff Extended
Last week, many investors bought gold because they were worried about new tariffs, which made the market more cautious. But early this week, during Tokyo’s morning trading, President Trump said …
[ZAR/JPY] SARB Rate Cut and Trade Talks
Last week, US President Trump met with South African President Ramaphosa and spoke strongly about the treatment of white farmers in South Africa. Whether true or not, this may hurt …
[USD/JPY] Double Top Neckline
Last week, the US dollar went down after Moody’s lowered the credit rating of the United States. Then, people thought Japan and the US might talk about stopping the weak …
[XAU/USD] Shift from Dollar to Gold
Last week, gold prices went up at first because Moody’s lowered the credit rating of the United States. This caused people to sell US dollars.However, the shock from the rating …
[EUR/USD] Dollar Buying Returns
Following the U.S. market drop the day before, the euro stayed strong from Tokyo to the European market and rose to 1.1344. However, new economic data from Germany and the …
[USD/JPY] No Talk About Stopping Weak Yen
In early Tokyo trading, the U.S. and Japan held a finance meeting, but they did not talk about the exchange rate. After this news, the dollar rose to 144.39 yen. …
[XAU/USD] Triple Weakness Paused
Gold went up the day before because the U.S. dollar, stocks, and bonds all went down (this is called “triple weakness”). But yesterday, this rise in gold paused. As a …
[CAD/JPY] Risk-Off
In the Tokyo market, news that Israel may be planning to attack Iran’s nuclear facilities caused investors to avoid risk. As a result, people bought the safe Japanese yen, and …
[USD/JPY] Correction of Weak Yen and Less Demand for U.S. Dollar
In the Tokyo market, the U.S. dollar was sold first. After news came out that Israel may be planning to attack Iran’s nuclear facilities, investors became more careful and bought …
[XAU/USD] Gold Rises Due to U.S. Triple Weakness
Gold prices went up during the Tokyo trading session after news that Israel may be planning to attack Iran’s nuclear facilities. This news increased geopolitical risks, which made gold prices …