Forex Top Team

Will there be an adjustment at the beginning of the week? There is still time for the US employment statistics for the weekend

The U.S. employment statistics and the final monetary policy meeting of BOJ Governor Kuroda are scheduled for Friday this week. There is still a day left in the weekend, so the outlook is uncertain at this point. Fed Chairman Jerome Powell is scheduled to testify before Congress on July 7-8. For today, we will be paying close attention to the speculation of the market and observational reports.

The economic indicators to be announced in overseas markets after this are the Swiss consumer price index (February), Eurozone retail sales (January), US manufacturing new orders (January), US durable goods orders (confirmed figures) ) (January), Canadian Ivey Purchasing Managers Index (February), etc. These indicators are considered to have a relatively low impact on the market.

Regarding the remarks event, a lecture by Lane ECB Chief Economist is scheduled. I don’t have many plans to speak today.

After hitting the 137 yen level in the latter half of last week, the dollar/yen has slowed down. The Eurodollar also hit the 1.05 level and then returned to the 1.06 level. Markets are likely to show signs of correction at the beginning of the week.


Even if the dollar-buying trend continues, it is assumed that the market will be in a difficult trend.

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