[EUR/USD] Adjustment Before Federal Open Market Committee (FOMC)
At tomorrow’s FOMC meeting, the common view is a 0.25% rate cut, but some expect a 0.5% cut. President Trump also said, ‘We must cut rates now, and by more …
EPISODE 5: IS GOLD STILL A “SAFE HAVEN”? Trading Mistake #3: Not Using a “Safety Net” (Stop Loss)
Forex is not gambling.Losses often come from a lack of knowledge and a clear strategy. With Hirose, you can access free educational materials, trading signals, and 24/5 support to build …
[XAU/USD] FOMC Meeting and Geopolitical Risk
Last week, weak U.S. job data led to selling of the U.S. dollar and strong buying of gold. In addition, Israel bombed Doha, and Russia entered Poland’s airspace, where NATO …
[XAU/USD] FOMC Meeting and Geopolitical Risk
Last week, weak U.S. job data led to selling of the U.S. dollar and strong buying of gold. In addition, Israel bombed Doha, and Russia entered Poland’s airspace, where NATO …
[USD/JPY] Will It Break Out of the Range?
Last week, the U.S. dollar against the Japanese yen first rose because of the resignation of Prime Minister Kishida, which led to yen selling. However, expectations of U.S. interest rate …
[EUR/USD] Different Policies Between ECB and Fed
At last week’s European Central Bank (ECB) meeting, the bank kept policy unchanged as expected, and there were no comments about future changes. After that, President Lagarde said ‘disinflation has …
[XAU/USD] Consumer Price Index (CPI) as Expected, Profit-Taking
The U.S. August CPI (Consumer Price Index) was announced yesterday. It was a little higher than the forecast compared to the previous month, but overall close to expectations. Because of …
[USD/JPY] Buying Fades, Price Falls Again
During Tokyo trading, news that Ms. Takaichi may run in the LDP leadership race led to yen selling, and together with dollar short-covering before the CPI release, USD/JPY rose to …
[EUR/USD] European Central Bank (ECB) Holds Rates, U.S. Rate Cut Expected
At yesterday’s ECB meeting, the central bank decided, as expected, to keep interest rates unchanged, with full agreement. The statement gave no new policy details. However, President Lagarde said that …
[XAU/USD] U.S. Interest Rates Fall and European Political Worries
After last week’s U.S. jobs report, U.S. long-term interest rates kept falling at the start of this week. Some people now think the Federal Reserve may cut rates by 0.5% …