{"id":38939,"date":"2026-01-13T12:02:29","date_gmt":"2026-01-13T04:02:29","guid":{"rendered":"https:\/\/www.vtmarkets.com\/uncategorized\/in-november-japans-trade-balance-reached-%c2%a53137-8-billion-surpassing-%c2%a52476-4-billion-from-before\/"},"modified":"2026-01-13T12:02:29","modified_gmt":"2026-01-13T04:02:29","slug":"in-november-japans-trade-balance-reached-%c2%a53137-8-billion-surpassing-%c2%a52476-4-billion-from-before","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/live-updates\/in-november-japans-trade-balance-reached-%c2%a53137-8-billion-surpassing-%c2%a52476-4-billion-from-before\/","title":{"rendered":"In November, Japan&#8217;s trade balance reached \u00a53137.8 billion, surpassing \u00a52476.4 billion from before"},"content":{"rendered":"<p>The Japanese trade balance reported a surplus of \u00a53137.8 billion in November, up from \u00a52476.4 billion.<\/p>\n<p>The Australian dollar has lost recent gains, while the NZD\/USD rose to near 0.5800 following positive business confidence data.<\/p>\n<h3>The Japanese Yen and Bank of Japan<\/h3>\n<p>The AUD\/JPY extended its rally to the mid-106s, and the Japanese yen fell to a one-year low versus the USD amid uncertainty surrounding the Bank of Japan.<\/p>\n<p>The USD\/CAD is holding losses below 1.3900 as higher oil prices boost the Canadian dollar. Gold remains around $4,600, with attention now on the US CPI data.<\/p>\n<p>Cryptocurrencies like Story, MYX Finance, and Dash have rebounded, nearing key resistance levels with significant gains.<\/p>\n<p>The forex market reflects steady trends in major currency pairs, with EUR\/USD above 1.1650 and GBP\/USD around 1.3475.<\/p>\n<h3>Geopolitical Risks and Commodity Prices<\/h3>\n<p>Geopolitical risks are pushing WTI oil prices higher. Meanwhile, Monero hit a new high near $600, driven by privacy coin interest.<\/p>\n<p>FXStreet stresses that information on their pages involves risks.<\/p>\n<p>Readers are reminded to perform thorough research before making financial decisions. Errors and omissions are excepted.<\/p>\n<p>The political pressure on the Federal Reserve is creating significant market uncertainty, which is a prime environment for derivative plays. We&#8217;ve seen the VIX, a key measure of expected volatility, jump over 25% in the last week to a six-month high of 28.5. This reminds us of the choppy conditions we saw leading up to the 2024 elections, suggesting options premiums will be elevated across the board.<\/p>\n<p>With gold testing record highs above $4,600, traders are loading up on call options ahead of the US CPI report. Last quarter&#8217;s core CPI reading of 5.8% surprised many, and a similar high print could easily push gold towards the $4,700 mark. We are positioning for this potential spike in volatility, using long straddles to capture a big move in either direction.<\/p>\n<p>The ongoing investigation into the Fed is weighing heavily on the US Dollar. Fed funds futures are now pricing in only a 15% chance of a rate hike in the first quarter, down from over 60% just a month ago. This makes long call positions on pairs like EUR\/USD and GBP\/USD look attractive, especially with strikes above 1.1700 and 1.3550, respectively.<\/p>\n<p>The Japanese Yen&#8217;s weakness presents a clear trend, as political uncertainty overshadows strong economic data like November&#8217;s large trade surplus. Looking at recent CFTC data, we see that speculative net short positions on the Yen have increased by 22% since December 2025. This momentum suggests that buying calls on USD\/JPY or AUD\/JPY remains a viable strategy for the coming weeks.<\/p>\n<p>Rising geopolitical tensions have kept WTI crude futures firmly above the $60 mark, providing strong support for the Canadian dollar. We have observed this correlation tighten significantly over the past year, with a similar oil price spike in mid-2025 pushing USD\/CAD below 1.3700. Traders should consider buying put options on USD\/CAD to capitalize on continued strength in the energy sector.<\/p>\n<p><b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Japan reports trade surplus; currencies, crypto, and commodities show mixed moves amid economic data and geopolitical tensions.<\/p>\n","protected":false},"author":62,"featured_media":17042,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59],"tags":[],"class_list":["post-38939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-updates"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/38939","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/62"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=38939"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/38939\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/17042"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=38939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=38939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=38939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}