Japan's CPI results as expected! The USD/JPY is in a downward trend, while Bitcoin tests 1.2 million yen【Friday, July 19】
In this video, we will check important economic indicators and market conditions for Friday, July 19, as well as chart movements and the best-selling EA rankings.
■Video
<Reference sites>
Yahoo! JAPAN Finance
https://info.finance.yahoo.co.jp/fx/marketcalendar/
■Today's Key Points
・Europe: ECB Governing Council minutes, United States: Consumer Price Index (CPI) and Powell’s remarks as FRB chair
・Powell signals rate cuts strongly in congressional testimony. Are July and September rate cuts almost certain?
・Following the congressional testimony, USD/JPY fell to the low 108s. There is a possibility of breaking below the 108 level.
・Bitcoin fell below 1.3 million yen, hovering around 1.29 million yen.
・Best-selling EA rankings remain unchanged from the previous day: 1st is "Avail-USDJPY-", 2nd is "Perfect Game", 3rd is "Koku".
■USDJPY, 1-hour chartSource: TradingView USDJPY chart
■Bitcoin/Yen, 1-hour chartSource: TradingView BTCJPY chart
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