search

An incredible cashback rate!
40% of the spread!

Join Now

Will liquidity increase following the long weekend in Europe and the U.S., or should we be wary of volatility?

Market Report

  1. homeHOME
  2. Market Report
  3. Will liquidity increase following the long weekend in Europe and the U.S., or should we be wary of volatility?

Will liquidity increase following the long weekend in Europe and the U.S., or should we be wary of volatility?

11.04.2023

Today's Highlights
  1. Harker (U.S.): Remarks by the President of the Federal Reserve Bank of Philadelphia
  2. U.S. NFIB Small Business Optimism Index

In U.S. currency trading the previous day, the U.S. dollar rose against the yen after the Bank of Japan’s new Governor Ueda announced at his inaugural press conference—held during European trading hours—that the bank would maintain its large-scale monetary easing.On the daily chart, USD/JPY has formed higher lows and risen to just below the 200 EMA from the 20 MA, setting a new high for the month. While the Dollar Index is hovering around 102.3, we will be watching the direction of the U.S. dollar to see if a rebound occurs during U.S. trading hours.

Among European currencies, the pound rebounded against the U.S. dollar during today’s Asian trading session following the release of the UK’s March BRC existing retail sales figures, which showed a 5.1% year-over-year increase.Although the GBP/USD pair fell from 1.2442 to 1.2345 yesterday, it rebounded during today’s Asian trading session following the release of the data and has already recovered to 1.2407.On the daily chart, GBP/USD has been rising within the range between the -2σ and +2σ Bollinger Bands, so it will be important to monitor whether the pound continues to strengthen against the U.S. dollar.

Today, Japan’s machine tool orders will be released at 15:00 Asia time; Turkey’s industrial production at 16:00 Europe time; Eurozone retail sales at 18:00; the U.S. NFIB Small Business Optimism Index at 19:00;at 20:00 South African manufacturing output, at 26:00 U.S. time a U.S. 3-year Treasury auction, at 26:30 remarks by U.S. Federal Reserve Bank of Chicago President Goolsbee, and at 7:00 the following day remarks by U.S. Federal Reserve Bank of Philadelphia President Harker.With markets reopening after the long weekend in Europe and the U.S., we should watch for potential increases in liquidity and be mindful of volatility.

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

Should We Be Wary of Volatility Shifts Due to Easter Monday?

Next Article

Will the Release of the FOMC Minutes Bring About Changes in the Currency Landscape?
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 for 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) have passed.

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

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 4 hours.

Return to Notification Settings