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 […]
U.S. Employment Data in Focus Again Today
U.S. Employment Data in Focus Again Today — Jobless Claims and Unit Labor Costs Ahead, With Eyes on Tomorrow’s U.S. Jobs Report This week, the market’s initial reaction to the Venezuela-related crisis has largely run its course.Crude oil and precious metals have shifted into a corrective phase, and the post-crisis surge in: Safe-haven buying Risk-off […]
Mixed Drivers as Geopolitical Risks Intersect — Focus Shifts to U.S. Indicators, Led by the ADP Employment Report
Mixed Drivers as Geopolitical Risks Intersect— Focus Shifts to U.S. Indicators, Led by the ADP Employment Report At the start of the new year, financial markets have opened on a firm note, particularly equities.Despite rising geopolitical risks surrounding Venezuela, there is little sense of pessimism in stock markets. Rising resource and precious-metal prices Persistent strength […]
🌐 Dollar Buying Wave Pauses — Euro Rebounds as Focus Shifts to U.S. Jobs Data
🌐 Dollar Buying Wave Pauses — Euro Rebounds as Focus Shifts to U.S. Jobs Data — Slowing German inflation quietly weighs on the euro (London) The dollar rally that gathered momentum into the New Year is finally cooling.On the back of concerns over Venezuela and potential spillovers into Latin America, the market had been in […]
🟦 New Year Opens With Dollar Strength — USD/JPY Hovering Near 157
🟦 New Year Opens With Dollar Strength — USD/JPY Hovering Near 157 The first trading session of 2026 has begun quietly — but with a clear bias toward dollar buying.The firm tone seen into year-end has simply carried over into the new year. USD/JPY: pushing into the 157s, testing higher levels EUR/USD: softening into the […]
The Market’s Real Attitude in a Flat Tape — Waiting for the Next Trigger
The Market’s Real Attitude in a Flat Tape — Waiting for the Next Trigger ✅ Trading Results (Dec 29 – Jan 2) 📊 Weekly Total: 0 JPY (0 USD) Main Account: 0 USD Small Account: 0 USD Summary:With year-end liquidity extremely thin, the risk-reward simply didn’t justify entries — we finished the period flat (no […]