+111,986 USD: Will the U.S. CPI Trigger a Big Move? Strategy Ahead of the September FOMC
+111,986 USD: Will the U.S. CPI Trigger a Big Move? Strategy Ahead of the September FOMC The trading for the week of September 2nd to 6th resulted in +111,986 USD. It was a week where I successfully rode the wave of USD selling and JPY buying. Although the highly anticipated U.S. employment report showed an […]
+$127,371 Will the Yen Continue to Depreciate? Focus on U.S. CPI and Powell’s Speech!
Trade Performance from July 1 to July 5: Total +$127,371 It was a successful week for all trades except cryptocurrencies. Since the start of July, the FX market has been highly focused on the U.S. employment report and the USD/JPY movements. While the USD/JPY experienced significant fluctuations due to speculations of rate cuts driven by […]
After U.S. Employment Data, Will Adjustment Pressure on Dollar Buying Continue Ahead of Tomorrow’s U.S. CPI and FOMC?
Following last weekend’s U.S. employment data, dollar buying has been dominant. The retreat of ruling parties in Germany and France during the European parliamentary elections, coupled with France’s announcement of national assembly elections, added to political uncertainty, leading to euro weakness and risk-averse dollar buying. However, the dollar buying has paused somewhat, and some adjustments […]
+$142,300 in a week. Decreased Likelihood of BoJ Intervention and Focus on April U.S. CPI Release! Latest Trends in USD/JPY
From May 6th to May 10th, my trading resulted in a total gain of +$142,300. As planned, I went short on USD/JPY, but contrary to the previous week, it unfolded with low volatility and a soft trend, leading to a stop loss. Treasury Secretary Janet Yellen’s comment that “intervention should be a rare event, […]
After Passing the U.S. Employment Statistics at the End of Last Week, Focus Shifts to the U.S. CPI on the 11th – Today’s Market Appears Slow
The foreign exchange market at the beginning of the week has seen relatively quiet price action. USD/JPY is trading in the 144 yen range, while EUR/USD is in the 1.09 range. Despite the stronger-than-expected nonfarm payrolls data from the U.S. at the end of last week, the market didn’t exhibit a one-sided buying spree in […]
U.S. CPI today, ECB Governing Council meeting tomorrow
Today’s focal event is the release of the August US Consumer Price Index (CPI). Market expectations are for an increase, with a forecasted month-on-month change of +0.6% and a year-on-year change of +3.6%. However, the core index is expected to show a more modest increase, with a month-on-month change of +0.2% and a year-on-year change […]
The U.S. employment statistics and continued Ueda easing will not lead to a strong dollar trend, and we will wait for tomorrow’s U.S. CPI
With the U.S. employment statistics at the end of last week and the start of the new administration by Governor Ueda of the Bank of Japan at the beginning of the week, the dollar/yen exchange rate rose from around 131 yen to just below 134 yen. The U.S. employment statistics showed an unexpected drop […]