Trade Reviews

Professional and technical analysis on products and past trades

USD/JPY tests intervention zone as yen pressure builds

Washington has placed Japan on the U.S. Treasury’s 2026 monitoring list. That does not stop Tokyo from intervening, but it makes the decision more sensitive, Japanese yields have climbed to their highest levels in three decades, and the old carry-trade advantage is starting to fade.

9 Jul 2026, 13:19

Brent nears $80 per barrel amid renewed tensions in the Strait of Hormuz

Brent crude closed significantly higher at $78.02 per barrel, following a 5.20% appreciation, as a resurgence in US-Iran hostilities poses a severe threat to global energy flows within the critical Strait of Hormuz transit corridor.

Gold near 4,070: correction or Failed Recovery?

Gold’s rally is no longer being driven by one single force. Central bank demand is still providing a strong floor, while ETF investors are continuing to add exposure even if the pace has cooled from last year’s strongest levels. That combination matters because it shows gold demand is still broad but not overheated in the same way it was during earlier waves of aggressive inflows.

8 Jul 2026, 13:16

OPEC+ agrees to raise oil output from August; Brent declines slightly

OPEC+ agreed to raise output quotas by 188,000 barrels per day from August, adding to earlier increases and pressuring oil prices as flows through the Strait of Hormuz normalise. Brent edged lower, extending a sharp two-month decline.

DXY surge reflects a Fed regime shift more than a simple rally

The dollar’s move is no longer just a reaction to stronger US data. DXY trading at a 52-week high suggests markets are starting to price a deeper policy shift after Kevin Warsh’s debut remarks. His focus on price stability, rejection of forward guidance, and cautious stance on future decisions are changing how investors think about the Fed’s reaction function.

Eurozone inflation slows more than expected; Euro weakens

Eurozone inflation slowed more than expected in June, easing pressure on the ECB as both headline and core readings declined, although inflation remains above target. The euro weakened against the dollar as softer data contrasted with expectations of further Federal Reserve tightening.

UK GDP expands by 0.6% in final revision; GBP/USD maintains upward trend

UK GDP expanded by 0.6% in the final first-quarter revision, matching expectations and marking the strongest quarterly growth since Q1 2025. Services, production, and construction supported the economy’s resilience.

Yen falls to a four-decade low amid persistent selling pressure

The yen fell to ¥161.90 per dollar, its weakest level since 1986, as wide Fed–BoJ rate differentials, US dollar strength, carry trades, and energy-driven inflation continued to pressure Japan’s currency.

Nikkei slides on AI valuation concerns and prospects of yen intervention

The Nikkei 225 index dropped 4.15% to close at 69,360 points as investors questioned stretched artificial intelligence (AI)-linked valuations and initiated profit-taking following recent market gains.

Oil market turns back to inventories as war premium fades

Oil’s sell-off is not only about geopolitics anymore. The market is starting to look again at the physical balance, On one side, the fear premium is fading. Supply routes that looked vulnerable during the height of the Middle East crisis are reopening, and traders are no longer pricing the same level of immediate disruption around Hormuz. That has allowed crude prices to fall as the market removes part of the war premium built into prices.