+33,654 USD. FRB Chair Powell Finally Announces Rate Cut! Time to Reconsider Dollar Selling Stance
FRB Chair Powell Finally Announces Rate Cut! Time to Reconsider Dollar Selling Stance August 19 – August 23 Trades Resulted in a Total Profit of +33,654 USD. This week, I sold crude oil, anticipating that the spread of Mpox infections to Asia (Philippines, Thailand) could lead to travel restrictions similar to those during the COVID-19 […]
Focus on Fed Chair Powell’s Speech
Focus on Fed Chair Powell’s Speech In today’s Tokyo market, the yen strengthened. Bank of Japan (BOJ) Governor Ueda’s renewed commitment to normalizing monetary policy spurred yen buying. The USD/JPY pair temporarily fell by about 1 yen from the previous New York closing price, dropping to around 145.30. Similarly, EUR/JPY also experienced more than a […]
Outlook for USD/JPY and Cross-Yen: Limited Upside, Waiting for Tomorrow’s Events
Outlook for USD/JPY and Cross-Yen: Limited Upside, Waiting for Tomorrow’s Events Yesterday, the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) announced its annual revision, showing a downward adjustment of 818,000 jobs for the period from April 2023 to March 2024. During this period, employment was expected to increase by 2.9 million, representing a […]
Market Focus on U.S. Department of Labor’s Annual Revision: Impact on USD/JPY
Market Focus on U.S. Department of Labor’s Annual Revision: Impact on USD/JPY As attention centers on the U.S. Department of Labor’s annual revision, the Bureau of Labor Statistics (BLS) will release the preliminary benchmark revision later today. There is widespread speculation that this revision could lead to a significant downward adjustment in employment numbers through […]
Will USD/JPY Maintain Its Steady Tone?
Will USD/JPY Maintain Its Steady Tone? In the Tokyo market, USD/JPY rebounded from its lows, with risk appetite triggering yen selling. The pair continues to lack a clear directional trend, but with support confirmed around the 145 yen level, the risk of upward movement seems to be increasing. This Friday, BOJ Governor Ueda is scheduled […]
WHO Declares Mpox (Monkeypox) Emergency as Cases Confirmed Outside Africa: Market Impact Analysis
WHO Declares Mpox (Monkeypox) Emergency as Cases Confirmed Outside Africa: Market Impact Analysis On August 14, the World Health Organization (WHO) declared an “international public health emergency of concern” regarding Mpox (monkeypox), which is spreading in Africa. The following day, Sweden’s Public Health Agency announced the first confirmed case of the Clade I strain of […]
Outlook for USD/JPY Strategy Amid Strengthening Dollar Weakness and Yen Strength
Outlook for USD/JPY Strategy Amid Strengthening Dollar Weakness and Yen Strength At the start of the Tokyo market this week, dollar weakness and yen strength became more pronounced. There is speculation that the U.S. Department of Labor’s annual revision, scheduled for the 21st, could lead to a significant downward revision in employment numbers, which is […]
NZD/USD (New Zealand Dollar/US Dollar) – Strong Buy: Focused Currency Pairs and Technical Analysis (15-Minute Chart) for August 16, 2024
NZD/USD (New Zealand Dollar/US Dollar) – Strong Buy: Focused Currency Pairs and Technical Analysis (15-Minute Chart) for August 16, 2024 EUR/USD (Euro/US Dollar) – Buy The EUR/USD is showing slight growth, recovering from the previous day’s decline. This recovery is due to U.S. jobless claims exceeding expectations and July retail sales recording a significant 1.0% […]
This Week’s Market Focus is on U.S. Economic Trends: Today, U.S. Housing Starts and the Michigan Consumer Sentiment Index are in the Spotlight
This Week’s Market Focus is on U.S. Economic Trends: Today, U.S. Housing Starts and the Michigan Consumer Sentiment Index are in the Spotlight This week, the market is intensely focused on U.S. economic trends. While the major U.S. inflation indicators—Producer Price Index (PPI) and Consumer Price Index (CPI)—showed mixed signals, overall, they indicated signs of […]
After Inflation Indicators, Focus Shifts to the U.S. Retail Sales Report
After Inflation Indicators, Focus Shifts to the U.S. Retail Sales Report This week, the U.S. PPI (Producer Price Index) and CPI (Consumer Price Index) inflation indicators were in focus, but the market has regained relative calm. The stock market is holding steady, and the USD/JPY pair is fluctuating slightly around the 147 yen level. The […]