Japanese Yen Weekly Forecast: USD/JPY Eyes 150 as Fed Decision Looms.USD/JPY faces mounting pressure as Ueda hints at rate hikes and US inflation cools. Upcoming GDP, wage data, and the Fed meeting influence the USD/JPY outlook.
Oil News: Crude Oil Futures Break 50-Day MA as Supply Fears Build.Light crude oil futures break above 50-day MA at $59.67. Fed rate cuts and supply risks fuel rally, but can buyers hold the line?
Santa Rally on Standby with Markets Split on 2026 Fed Cuts.Dollar spent most of the week pinned to the bottom of the performance board, as a steady flow of data reinforced expectations for a Fed rate cut in December. Even though selling pressure eased slightly into Friday—thanks in part to a surprisingly firm rebound in longer-dated Treasury yields—the greenback still struggled to find a foothold.
Week Ahead: Fed to Cut but RBA, SNB, and Bank of Canada Set to Hold, and Market Thinks They are Done.The US dollar traded heavily last week, losing ground to all the G10 currencies, but the Swiss franc. The franc seemed to be dragged down by the use of it rather than the yen as a funding currency.