search

An incredible cashback rate!
40% of the spread!

Join Now

All Eyes on Whether the U.S. Dollar, Which Has Been Struggling to Gain Ground Following the Release of the FOMC Minutes, Will Rebound

Market Report

  1. homeHOME
  2. Market Report
  3. All Eyes on Whether the U.S. Dollar, Which Has Been Struggling to Gain Ground Following the Release of the FOMC Minutes, Will Rebound

All Eyes on Whether the U.S. Dollar, Which Has Been Struggling to Gain Ground Following the Release of the FOMC Minutes, Will Rebound

24.11.2022

Today's Highlights
  1. UK CBI Business Survey
  2. Europe: ECB Meeting Minutes Released

In the U.S. currency market yesterday, the dollar’s upside was capped and the currency fell as the minutes from the FOMC meeting released yesterday were perceived as dovish.The EUR/USD pair rose by about 150 pips and broke above the daily 200 SMA, but since the daily RSI has already reached 70, we will be watching closely to see if a divergence occurs and the pair falls.

Among European currencies, the pound rose significantly, with the GBP/USD pair climbing more than 200 pips from 1.1869 to 1.2082.During today’s Asian trading session, the pair is trading just below the daily 200 EMA, and with the daily RSI showing a reversal and trending upward, we need to carefully assess whether it will rise further from the current price of 1.2087.

Today, during European trading hours, the Turkish Economic Sentiment Index and Turkish Capacity Utilization Rate will be released at 16:00, followed by the GermanIFO Business Climate Index, at 18:45 UK Deputy Governor Ramsden’s remarks, at 19:30 UK MPC Member Pill’s remarks, at 20:00 UKCBI Business Survey, the Turkish TCMB policy rate and statement at 19:30, the release of the European ECB meeting minutes at 21:30, remarks by UK MPC member Mann at 22:45 during U.S. trading hours, and remarks by German Bundesbank President Nagel at 25:00.We will be watching closely to see if the U.S. dollar, which has been under pressure following the release of the FOMC minutes, will recover.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Will the release of the FOMC minutes trigger price movements? All eyes are on the direction of the U.S. dollar.

Next Article

All eyes are on whether currency strength will shift on the final day of the weekend
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number. Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are taking notice.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours).

line Received notification of sudden price fluctuations (sharp rises or falls in exchange rates)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for 1 hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for four hours.

Return to Notification Settings