search

An incredible cashback rate!
40% of the spread!

Will the pound, which weakened after the BOE announcement, recover? Or should we wait and see which direction it takes?

Market Report

Will the pound, which weakened after the BOE announcement, recover? Or should we wait and see which direction it takes?

Today's Highlights
  1. UK GFK Consumer Confidence Survey
  2. Australia: Private-Sector Credit

In the U.S. currency market the previous day, the Canadian dollar saw a back-and-forth movement against the yen. The CAD/JPY pair traded between 112.730 and 113.261, with price action consistently fluctuating around the 20-period moving average (MA) on the hourly chart.On the 4-hour chart, the currency pair is seen searching for direction while finding support at the 20-period moving average, and on the daily chart, it is trading sideways near its year-to-date highs.

European currencies saw the pound fall against the yen following yesterday’s Bank of England (BOE) policy rate announcement, in which the policy rate was cut by 0.25 percentage points from 4.00% to 3.75%.GBP/JPY traded between 207.760 and 209.013, with gains made during European trading hours being offset during U.S. trading hours. On the 4-hour chart, the uptrend along the 20-period moving average (MA) remains intact, and on the daily chart, the currency pair continues to hit new highs along the 10-period MA.

Today’s economic indicators include the New Zealand Consumer Confidence Index at 6:00, the New Zealand Trade Balance at 6:45, the Japan Consumer Price Index at 8:30, the New Zealand ANZ Business Confidence Index at 9:00, the UK GfK Consumer Confidence Survey at 9:01, and the AustraliaPrivate Sector Credit, around noon: Japan’s BOJ Policy Rate and Statement, 15:30: Japan’s BOJ Governor Ueda Press Conference, 16:00: UK Retail Sales, Germany’s Producer Price Index, Germany’s GFK Consumer Confidence Survey, 16:45: France’sProducer Price Index; at 20:00, UK CBI Retail Trade Survey; at 22:30, Canada Retail Sales; and at 24:00, US Existing Home Sales and University of Michigan Consumer Sentiment Index.I’d like to wait and see whether the pound, which weakened after the BOE announcement, 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 with a particular focus on foreign exchange markets, and he also has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

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.

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.

USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for an explanation of each notification
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).

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