search

An incredible cashback rate!
40% of the spread!

Join Now

Should we be on the lookout for shifts in market sentiment due to overlapping economic data releases in U.S. time?

Market Report

  1. homeHOME
  2. Market Report
  3. Should we be on the lookout for shifts in market sentiment due to overlapping economic data releases in U.S. time?

Should we be on the lookout for shifts in market sentiment due to overlapping economic data releases in U.S. time?

05.03.2025

Today's Highlights
  1. Remarks by Uchida, Deputy Governor of the Bank of Japan
  2. U.S. ADP Employment Report

In U.S. currency trading yesterday, the Canadian dollar rose against the yen. The CAD/JPY pair rose from 102.192 to 104.188, recovering from the -2σ to the +3σ levels on the hourly Bollinger Bands.On the 4-hour chart, the price has shifted from below the 20-period moving average (MA) to above it, while the daily chart appears to be consolidating at lower levels over the past week. However, with a slew of economic indicators scheduled for release during today’s U.S. trading session, traders should remain vigilant regarding price movements during that time.

European currencies rose during U.S. trading hours as the euro gained ground following yesterday’s announcement that the Eurozone’s January unemployment rate improved by about 0.1 percentage points to 6.2% from 6.3% the previous month.The euro rose against the U.S. dollar from 1.0468 to 1.0626. A trend has emerged along the 20-period moving average on the hourly chart. On the 4-hour chart, the RSI surged to 78. On the daily chart, the euro has recovered to its highest level since mid-November of last year.

Today’s schedule includes remarks by Bank of Japan Governor Ueda at 9:00, Australia’s fourth-quarter GDP at 9:30,10:30 Japan: Remarks by Bank of Japan Deputy Governor Uchida; 13:45 Japan: Remarks by Finance Vice Minister Mimura; 16:30 Switzerland: Consumer Price Index; 16:45 France:Industrial Production, at 18:30 UK Non-Manufacturing PMI, at 19:00 Eurozone Producer Price Index, at 21:00 US MBA Mortgage Applications Index, at 22:15 US ADP Employment Report,22:30: Canada’s Labor Productivity Index; 24:00: U.S. ISM Non-Manufacturing PMI; and 28:00: U.S. Federal Reserve Beige Book. We should remain highly vigilant for shifts in market sentiment caused by the overlapping release of economic indicators during U.S. trading hours.

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 euro, now the strongest currency, continue to rise during U.S. trading hours? All eyes are on whether this trend will hold.

Next Article

Should We Focus on the Upside Potential of the Euro, Which Has Seen a Significant Surge?
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 an explanation 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 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 4 hours.

Return to Notification Settings