At the End of Everything Gallery!

9/19United StatesFOMC(Federal Open Market Committee)announced a0.50%drastic rate cut,the same day the unemployment claimswere announced, which came in below market expectations, confirming the labor market's resilience and sending the Dow Jones Industrial Average up sharply to a record high42,000level. Responding to the easing cycle in the United States, commodities such as gold and crude oil also rose, and cryptocurrenciesalso surged, leading to a broad risk-on market. In the foreign exchange market, cross-yen pairs remained firm, indicating a shift away from the previous dollar-buying trend.Here is an analysis of the future path of the USD/JPY exchange rate.