Should we focus on product prices?

Should we focus on product prices?

29.03.2021

Last weekend, stock prices rose in both European and U.S. markets, creating a risk-on sentiment characterized by rising stock prices, a stronger U.S. dollar, and higher interest rates. Meanwhile, although oil tankers and LNG (liquefied natural gas) carriers have been stranded due to a ship running aground in the Suez Canal, crude oil prices have been fluctuating around the $60 mark.

The foreign exchange market is once again showing a slight trend toward yen appreciation, with cross-yen pairs generally declining. The Canadian dollar has fallen particularly sharply; after forming a double top with lower highs, the CAD/JPY pair has dropped from 87.3 to 86.9. Similarly, the USD/JPY pair has fallen from 109.8 to 109.5.Among European currency pairs, the euro-pound pair resumed its decline after a brief pause and is currently trading around 0.855.

Today, UK mortgage approvals, consumer credit balances, and M4 money supply are scheduled for release at 5:30 PM, followed by the Dallas Fed Manufacturing Activity Index at 11:30 PM and remarks by Fed Governor Waller at midnight.This week features the US ADP Employment Report and the US Nonfarm Payrolls report, but with no major events otherwise, price movements are likely to be straightforward. I will closely monitor price trends so I can react promptly should a trend emerge.

Past Market Reports

1. 21.04.2026New

   Will interest grow in the upside potential of the Swiss franc, which has risen against the yen?

2. 20.04.2026New

   With the euro-Australian dollar pair hitting new lows this month, attention is turning to how much further it might fall

3. 17.04.2026New

   Will the market wait and see how much further the U.S. dollar can rise against the yen?

4. 16.04.2026New

   Will the weakening Swiss franc recover? Attention is turning to price movements during European trading hours.

5. 15.04.2026New

   Market participants are likely keeping a close eye on the upside potential of the euro, which has risen against the U.S. dollar

6. 14.04.2026

   Should we keep an eye on remarks by key figures in the U.S. and try to gauge the direction of currency strength?

7. 13.04.2026

   Market participants are likely watching for signs of a rebound in the Canadian dollar, which fell against the U.S. dollar following the release of employment figures

8. 10.04.2026

   Will the weakening Swiss franc continue to strengthen against the yen, or should we wait and see?

9. 09.04.2026

   Will the U.S. dollar, which has fallen against the yen, continue its downward slide, or should we wait and see how the market moves?

10. 08.04.2026

    Should we keep an eye on the upside for European currencies that have risen against the U.S. dollar?