Analyzing the Impact of the U.S. PCE Price Index Rise and NZ’s Policy Interest Rate Decision on the Market? The trades from February 19 to February 23 resulted in a total of +17,515 USD.
The minutes from the notable FOMC meeting indicated that “the majority recognized the risk of premature interest rate cuts.” Following this, there has been a robust buying of the US dollar. Even if there are sell-offs, buyers step in when prices drop, making it difficult for a clear trend to emerge. As planned, we […]
USD/JPY (US Dollar/Japanese Yen) – Strong Buy Focus on Currency and Technical Analysis (1-hour chart) as of February 23, 2024
EUR/USD (Euro/US Dollar) – Buy Overview: The EUR/USD pair is showing mixed trends around 1.0830, indicating a moderate rise as the weekend approaches. Investors are closely watching macroeconomic statistics from the EU, which could significantly impact the future direction of the exchange rate. German GDP data and the IFO economic indicators are of […]
Amid yesterday’s global stock market rally, driven by strong earnings from the US semiconductor giant Nvidia, IT-related stocks led the buying spree.
Amid yesterday’s global stock market rally, driven by strong earnings from the US semiconductor giant Nvidia, IT-related stocks led the buying spree. The Nikkei hit a record high not seen in 34 years, while Chinese and European stocks surged, with Germany’s DAX and France’s CAC indices hitting consecutive record highs. In the US, the Dow […]
Amidst the fervor of the Nikkei hitting a record high, the USD/JPY exchange rate remained stagnant around 150 yen, trading in the range of 150.21 to 150.46. It seems trapped at familiar levels, despite the bullish sentiment in the stock market.
Amidst the fervor of the Nikkei hitting a record high, the USD/JPY exchange rate remained stagnant around 150 yen, trading in the range of 150.21 to 150.46. It seems trapped at familiar levels, despite the bullish sentiment in the stock market. Meanwhile, observing the Dollar Index, a downward trend seems to be gradually emerging. This […]
EUR/USD: Buy EUR/USD is slowly rising and attempting to surpass the 1.0830 level. The US dollar is declining amid diminishing expectations for Federal Reserve (Fed) monetary policy easing. Uncertainty remains about the timing of reaching the 2.0% inflation target. The euro is supported by data on consumer confidence in the Eurozone. Market attention is focused […]
The focus today is on whether the recent trend of USD selling will continue, with the release of the FOMC meeting minutes.
The EUR/USD has recovered to the 1.08 range, likely due to position adjustments. Additionally, the strengthening of Chinese stocks amid regulatory measures and the lowering of loan rates has bolstered the yuan and resulted in consecutive gains in the Chinese stock market. Recently, the NZD has shown the strongest performance against the USD, with concerns […]
The dollar-yen rose to the 150.30 yen level. However, there were no significant factors observed, with US bond yields not showing much activity. Asian stocks, including Japan’s, were slightly weak. In overseas markets, attention is on the movements of US and Canadian markets, which were closed yesterday. With a firming trend in cross-yen pairs, the […]
This week begins with a quiet start. The US inflation indicators released last week showed a temporary easing, indicating a slight relief in persistent inflationary pressures. However, the overall trend of decreasing inflation rates seems to have been maintained. In the forex market, there was a predominant buying of the dollar in response to better-than-expected […]
This week’s FX trades from February 12th to February 16th, resulting in a total loss of -2166 USD. Despite moments of the U.S. dollar being bought due to unexpected rises in the U.S. CPI and PPI, the momentum did not last due to factors such as an unexpected decrease in U.S. retail sales, leading to […]
Today, attention is focused on whether the USD/JPY exchange rate will maintain the 150 yen range as we head into the weekend. In the Tokyo market, the Nikkei average showed movements approaching its all-time high. Bank of Japan Governor Kuroda reiterated comments similar to those from last week, stating that “even if negative interest rates […]