Should investors be wary of price fluctuations caused by position adjustments over the weekend?

Should investors be wary of price fluctuations caused by position adjustments over the weekend?

22.04.2022

In yesterday’s U.S. currency trading, the USD/JPY pair remained in a stalemate against the yen, trading within a range of 127.81 to 128.69. This range-bound movement has continued into today’s Asian session, with the 20-period moving average on the 4-hour chart acting as a support line, and the market remains in a deadlock. However, given reports that the U.S.-Japan finance ministers’ meeting featured positive discussions regarding the possibility of currency intervention, we should also keep the potential for yen appreciation in mind.

European currencies rose yesterday as ECB President Lagarde hinted at a potential rate hike during the June ECB Governing Council meeting, stating that she would “outline the path for interest rates.” As a result, the euro rose by approximately 110 pips against the U.S. dollar, climbing from 1.082 to 1.093. However, the pair subsequently retraced its gains, and it is currently trading around 1.084 as it seeks direction.

Today, during European trading hours, the French Manufacturing/Services PMI (flash estimate) will be released at 16:15, the German Manufacturing/Services PMI (flash estimate) at 16:30, and the Eurozone Manufacturing/Services PMI (flash estimate) at 17:00.at 17:30 UK Manufacturing/Services PMI (flash estimate), and once U.S. trading hours begin, at 21:30 Canadian Retail Sales, at 22:00 remarks by ECB President Lagarde, at 22:45 U.S. Manufacturing/Services PMI, and at 23:30 remarks by BOE Governor Bailey.We will be closely monitoring how the foreign exchange market moves over the weekend.

Past Market Reports

1. 22.04.2026New

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

2. 21.04.2026New

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

3. 20.04.2026New

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

4. 17.04.2026New

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

5. 16.04.2026New

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

6. 15.04.2026

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

7. 14.04.2026

   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. 13.04.2026

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

9. 10.04.2026

   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. 09.04.2026

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