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 […]
Today’s Focus Currency and Technical Analysis (15-minute chart):
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 […]
Confirmation of Post-Holiday Movement in US Markets: Is the Trend Dollar Strength and Yen Weakness?
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 […]
Quiet Start to the Week, NY and Canadian Markets Closed Later
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 […]
US retail sales indicate a lull in the US economy: What will be the future impact on the US dollar?
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 […]
Will the consolidation above the 150 yen mark for USD/JPY be established?
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 […]
Dollar Adjustment Continues
In the Tokyo market, the USD/JPY pair shifted from the 150.50 yen level to 150.08 yen, becoming weaker for the dollar and stronger for the yen. There is a broadening adjustment movement in response to the dollar’s strength after the US CPI data. While the adjustment for the euro and pound after the CPI release […]
Dollar Strengthens Again Following Yesterday’s US CPI, What About the Pound?
Yesterday’s release of the US Consumer Price Index (CPI) for January showed growth that exceeded market consensus expectations in both year-on-year and core year-on-year figures. While US inflation remains subdued, there is a sense that its momentum has stalled recently. In the short-term financial markets, where a rate cut starting in May or June had […]