Will remarks by key figures cause shifts in currency strength? Keep an eye on the direction of the market.

Will remarks by key figures cause shifts in currency strength? Keep an eye on the direction of the market.

02.04.2025

In yesterday’s U.S. currency trading, the dollar fell against the yen ahead of today’s remarks by the U.S. president. The USD/JPY pair dropped from 150.130 to 148.980, moving across the 20-period moving average (MA) on the hourly chart. On the 4-hour chart, the pair has stalled in the upper 149-yen range amid a cluster of short- and long-term MAs, while on the daily chart, it has been unable to break above the 200-period simple moving average (SMA) resistance line.

Among European currencies, the euro was the weakest during U.S. trading hours. The EUR/USD pair fell from 1.0829 to 1.0778. On the hourly chart, the price has moved from above the 20-period moving average (MA) to below it. On the 4-hour chart, the price is finding support just below the 20-period MA, while on the daily chart, it is currently searching for direction just below the 20-period MA. We need to carefully assess whether the euro’s decline will continue during U.S. trading hours.

Today’s economic indicators include New Zealand housing construction permits at 6:45, remarks by RBA Deputy Governor Kent at 8:25, Australian housing construction permits at 9:30, French budget balance at 15:45,20:00: U.S. MBA Mortgage Applications Index, 21:15: U.S. ADP Employment Report, 23:00: U.S. Manufacturing Orders Index, 23:30: U.S. Weekly Crude Oil Inventories, 29:00: Remarks by U.S. President Trump, and 29:30: Remarks by U.S. Federal Reserve Governor Kuehler.We should pay close attention to the market direction to see if these key speeches will cause any shifts in currency strength.

Past Market Reports

1. 17.04.2026New

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

2. 16.04.2026New

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

3. 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

4. 14.04.2026New

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

5. 13.04.2026New

   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

6. 10.04.2026

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

7. 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?

8. 08.04.2026

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

9. 07.04.2026

   Market participants may be wary of further downside potential for the U.S. dollar, which has weakened amid concerns over the situation in Iran

10. 06.04.2026

    Investors should be wary of sudden spikes in volatility while major markets are closed