Category: Market Forecast

📊 USD/JPY’s upside capped by intervention fears; U.S. government shutdown risk back in focus

📊 USD/JPY’s upside capped by intervention fears; U.S. government shutdown risk back in focus ■ Overview USD/JPY continues to take on the character of a politics-driven market plus intervention-alert market. At the end of last week, the pair briefly climbed into the 159s after BOJ Governor Ueda’s press conference, but then plunged by roughly 2 […]

📰 After U.S. Data, Focus Shifts Back to the “Greenland Issue”

📰 After U.S. Data, Focus Shifts Back to the “Greenland Issue” In today’s New York FX session, the market will first digest U.S. economic data, after which attention is likely to return to U.S.–Europe relations surrounding the Greenland issue.USD/JPY continues to trade nervously, caught between political factors and geopolitical risk. 📊 First, Watch the U.S. […]

📰 U.S. Selling Pauses After Trump’s Speech, but Yen Selling Pressure from the “Takaichi Trade” Remains

📰 U.S. Selling Pauses After Trump’s Speech, but Yen Selling Pressure from the “Takaichi Trade” Remains After President Trump’s speech, the market’s main theme of “U.S. selling” has temporarily calmed.However, on the Japanese side, yen-selling pressure driven by expectations for the continuation of the Takaichi administration remains in place. As a result, USD/JPY continues to […]

📰 Daily Market Report | Political Markets Continue – Focus on the Davos Speech and UK Inflation Data

📰 Daily Market Report | Political Markets Continue – Focus on the Davos Speech and UK Inflation Data The market continues to show a strong “political market” character.President Trump’s aggressive foreign policy stance and political developments surrounding Prime Minister Takaichi in Japan are intersecting, affecting all asset classes: FX, equities, bonds, and commodities. Tonight’s biggest event is: President […]

Markets Tossed Around by the Trump Administration – U.S. Selling and Yen Buying Intertwine

Markets Tossed Around by the Trump Administration – U.S. Selling and Yen Buying Intertwine 🧭 Today’s Market Overview Once again, today’s market is completely a “political market.”Rather than expectations for the Takaichi administration, it is the Trump administration’s aggressive foreign stance and tariff issues that are dominating market sentiment. European equities: sharply lower Japanese stocks, […]

Political Market Continues to Drive USD/JPY – Conditions Remain Highly Fluid

Political Market Continues to Drive USD/JPY – Conditions Remain Highly Fluid The USD/JPY market remains firmly in a “political-driven” phase.Yesterday, the pair surged close to 160 before reversing sharply and falling back into the low-158s. The initial yen weakness was triggered by expectations surrounding Prime Minister Takaichi’s plan to dissolve the Lower House.With her strong […]

A Politically Driven Market, With Rising Risks of Overheating in Equities and Other Risk Assets

A Politically Driven Market, With Rising Risks of Overheating in Equities and Other Risk Assets Since the start of the year, the FX market has taken on a fully “political market” character.At the center of this is President Trump’s behavior and policy stance. Domestically in the U.S., pressure on the Fed Chair has intensified, to […]

USD/JPY Takes on a “Political Market” Tone

USD/JPY Takes on a “Political Market” Tone — Assessing How Much the Dissolution / General Election Scenario Is Already Priced In In the Tokyo market after the long holiday weekend, yen weakness has accelerated.USD/JPY climbed to just below 159, marking its strongest dollar / weakest yen level since July 2024.Yen crosses also surged across the […]

Markets Shaken by the Trump Administration

Markets Shaken by the Trump Administration — Focus on Iran Tensions and Risks to Fed Independence From last weekend into the start of this week, a series of headlines surrounding the Trump administration has once again made financial markets highly sensitive.In particular, attention is centered on growing concerns over the independence of the Federal Reserve, […]

USD Weakness and Preference for Gold Driven by Risks to Fed Independence

USD Weakness and Preference for Gold Driven by Risks to Fed Independence (Based on the New York Times report that federal prosecutors have opened an inquiry related to Fed Chair Powell, and on President Trump’s intensified criticism of the Federal Reserve.) The current market is entering a phase where capital flows are increasingly shaped by […]