Forex Top Team

Stock Rally and Yen Weakness: US CPI Awaits Amid Early Rate Cut Expectations

This week, stock markets worldwide are showing upward momentum. Yesterday, major US stock indices all rose by more than 1%, and the Nikkei 225 also hit new record highs for consecutive days. Today, the Nikkei 225 has again reached a new peak. Several factors are driving this excitement, with the expectation of an early rate […]

Trading Summary for May 13 – May 17: Total Profit +5,907 USD. USD Plummets on US CPI! How Will the Market React to This Week’s UK, Canada, and Japan CPI Releases?

Trading Summary for May 13 – May 17: Total Profit +5,907 USD The much-anticipated US CPI was calmer than expected, leading to a significant USD selling trend. Although the trade directions were correct, the USD experienced significant volatility immediately after the data release. This resulted in substantial losses as gold and AUD buy positions hit […]

Yen Eases Off, Focus Shifts to Dollar Market as US Consumer Price Index Released Today

In the Tokyo market, the yen’s strength has eased off. While market speculation regarding the Bank of Japan’s March negative interest rate removal has increased, there have been no direct references from BOJ Governor Ueda today. Rather, remarks expressing concerns about weak consumption have led to movements in favor of yen depreciation. Attention in the […]

Dollar Selling Eases After US CPI, but Upside Momentum Limited

The biggest topic of the week so far has been the US Consumer Price Index (CPI). The market reacted sharply to the slight deceleration in year-on-year growth that fell just below market expectations. This led to a significant drop in US Treasury yields and a substantial decline in the dollar, strengthening the belief in a […]