Forex Top Team

Quiet Start to the Week, Will Overseas Markets Revisit Last Week’s Topics?

The market is off to a relatively quiet start this week. The forex market, in particular, is in a stalemate. The USD/JPY is trading in the mid-157 yen range, EUR/USD is around 1.07, and EUR/JPY is in the mid-168 yen range. This morning in Tokyo, a series of Chinese economic statistics were released: new home […]

BOJ Decides on Reduction “Policy,” Yen Sells Off; Monitoring Market Reaction to Governor Ueda’s Press Conference and Intervention Concerns

In the highly anticipated BOJ policy meeting, the decision was made to establish a “policy” for reducing bond purchases in the upcoming July meeting. This means that the specific details of the reduction were not announced this time. The BOJ plans to determine the reduction amount through discussions with bond market participants to avoid shocking […]

Yesterday’s US Events Create Mixed Signals; Focus on US PPI and Jobless Claims Today

Yesterday saw the dollar fluctuate wildly. The dollar plunged after the US Consumer Price Index slowed down. However, the dollar rebounded when the US FOMC raised its inflation outlook and adjusted members’ median interest rate forecasts from three cuts this year to one. Despite these events, the dollar has not fully returned to pre-announcement levels […]

Today’s Focus: US CPI and FOMC Announcements – Will USD Strength Continue?

Today, the US Consumer Price Index (CPI) and the Federal Open Market Committee (FOMC) monetary policy decisions will be released. This week has seen a trend of USD strength, and these events will be crucial in determining whether this trend continues. The forecast for the May US CPI is an annual increase of 3.4% (unchanged […]

After U.S. Employment Data, Will Adjustment Pressure on Dollar Buying Continue Ahead of Tomorrow’s U.S. CPI and FOMC?

Following last weekend’s U.S. employment data, dollar buying has been dominant. The retreat of ruling parties in Germany and France during the European parliamentary elections, coupled with France’s announcement of national assembly elections, added to political uncertainty, leading to euro weakness and risk-averse dollar buying. However, the dollar buying has paused somewhat, and some adjustments […]

Employment Data Surpasses Expectations

Employment Data Surpasses Expectations United States: Non-farm payrolls for May increased by 272,000, surpassing the forecast of 185,000. Canada: Employment change for May increased by 26,700, exceeding the forecast of 22,500. As a result, both USD and CAD have strengthened significantly.