Today’s Market Outlook Will Calm Summer-Vacation Trading Continue? Dollar Weakness and Dip-Buying Demand Intersect

Today’s Market Outlook Will Calm Summer-Vacation Trading Continue? Dollar Weakness and Dip-Buying Demand Intersect ■ Market Summary As the global summer vacation season reduces market participation, today’s FX market is showing relatively calm trading conditions. Following the U.S. employment report on the 7th, last week’s U.S. CPI, PPI, and retail sales data were also broadly […]
U.S. CPI Fails to Break USD/JPY… The Battle Around 160.00 and BOJ Rate-Hike Expectations Become the Next Focus

U.S. CPI Fails to Break USD/JPY… The Battle Around 160.00 and BOJ Rate-Hike Expectations Become the Next Focus Trading Results, 10–14 August Weekly Total: -132,554 USD ■ Weekly Summary This week was about determining whether the dollar weakness following the U.S. employment report would continue, or whether USD/JPY would return toward 160.00. As a result, […]
Today’s Market Outlook Will Diverging U.S. and Japanese Monetary Policy Push USD/JPY Lower? Focus on U.S. Retail Sales Today

Today’s Market Outlook Will Diverging U.S. and Japanese Monetary Policy Push USD/JPY Lower? Focus on U.S. Retail Sales Today ■ Market Summary The key focus in overseas markets today will be how changes in expectations for U.S. and Japanese monetary policy affect USD/JPY. Toward the end of the Tokyo session, reports emerged that the Bank […]
+24,269 USD Will USD/JPY Move Again on U.S. CPI? Watch for EUR/JPY Rally-Selling Amid Intervention Risks

Will USD/JPY Move Again on U.S. CPI? Watch for EUR/JPY Rally-Selling Amid Intervention Risks Trading Results (August 3–7) Weekly Total: +24,269 USD ■ This Week’s Overview This week, markets were heavily influenced by the rebound following last week’s coordinated U.S.-Japan intervention and the deterioration in U.S. employment data. USD/JPY fell into the 155 range before […]
Today’s Market Outlook US Jobs Report in Focus: Will It Strengthen Expectations for a September Rate Hike?

Today’s Market Outlook US Jobs Report in Focus: Will It Strengthen Expectations for a September Rate Hike? ■ Market Overview The biggest event of the weekend is the release of the US July employment report. Together with next week’s US CPI release, this employment report is being closely watched as a key factor that could […]
Today’s Market Outlook Quiet Trading Ahead of Tomorrow’s US Jobs Report

Today’s Market Outlook Quiet Trading Ahead of Tomorrow’s US Jobs Report ■ Market Overview The FX market is generally calm today. Following last week’s coordinated US-Japan intervention, USD/JPY underwent a substantial adjustment toward yen strength, falling from the 163 range into the 155 range. Although it recovered into the 157 range at the start of […]
Today’s Market Outlook USD/JPY Battles Around 157 as Equity-Driven Yen Selling Meets Coordinated Intervention Concerns

Today’s Market Outlook USD/JPY Battles Around 157 as Equity-Driven Yen Selling Meets Coordinated Intervention Concerns ■ Market Overview USD/JPY plunged to the low-155 range following last week’s coordinated US-Japan intervention, but it has since been bought back toward 158 this week. Trading is currently centered in the 157 range, with post-intervention yen-buying pressure competing against […]
Today’s Market Outlook Post-Intervention Yen Strength Fades as Focus Shifts to the Next Intervention Level and U.S. JOLTS Data

Today’s Market Outlook Post-Intervention Yen Strength Fades as Focus Shifts to the Next Intervention Level and U.S. JOLTS Data ■ Market Overview Coordinated U.S.–Japan intervention was carried out on July 30 and 31, while another round of yen buying resembling official intervention was observed yesterday. However, the direct impact of the yen-buying operations is gradually […]
Today’s Market Outlook Coordinated U.S.–Japan Intervention Changes the Market Regime as Traders Search for the Next Intervention Level
Today’s Market Outlook Coordinated U.S.–Japan Intervention Changes the Market Regime as Traders Search for the Next Intervention Level ■ Market Overview U.S. and Japanese authorities have confirmed that they conducted coordinated yen-buying intervention following the sharp appreciation of the yen late last week. Yen-buying pressure has continued today, with USD/JPY struggling to recover above the […]
Today’s Option Expiries | July 28, 2026

Today’s Option Expiries | July 28, 2026 ■ Spot Prices EUR/USD: 1.1365 USD/JPY: 163.73 GBP/USD: 1.3284 USD/CHF: 0.8193 USD/CAD: 1.4116 AUD/USD: 0.6966 NZD/USD: 0.5764 EUR/GBP: 0.8552 ■ Today’s Expiries | July 28 EUR/USD ・1.1425 (€820M) Spot is currently 1.1365. The strike is some distance above the current market, so its influence on today’s price action […]