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 […]
📉 [Pre-Weekend Market Enters Unstable Position Adjustment Phase] – Watch for Opportunities in USDCAD and CADJPY
📉 [Pre-Weekend Market Enters Unstable Position Adjustment Phase] – Watch for Opportunities in USDCAD and CADJPY ✅ Market Overview | USD Strength Pauses → Trend May Revert to Dollar Weakness USD/JPY attempted a rebound but remains capped on the upside.→ Yesterday’s temporary USD buying was triggered by a rebound in U.S. equities and bonds.→ However, […]
Waiting Continues, Impact of Crude Oil Highs – USD/JPY Firmly at 147 Yen
As we approach the release of the results of tomorrow’s FOMC meeting, the early part of the week is likely to continue with a wait-and-see stance. USD/JPY has risen into the 147 yen range, and trading is consolidating in this range amid mixed buying and selling. One notable development is the rise in crude oil […]
The Australian and Canadian dollars weakened along with the strong yen pressure and a series of deteriorating economic indicators in various countries.
Amidst yen strength, the Australian dollar and Canadian dollar have been weak due to a series of deteriorating economic indicators in various countries. During the London session, the Australian dollar and Canadian dollar continued to exhibit soft price movements. Today, a series of European non-manufacturing PMI data, including China’s Caixin Services PMI, Sweden, Spain, Italy, […]