
US Dollar Bears Lose Their Grip Ahead of NFP, USD/JPY Vols Elevated
US dollar selling pressure fades ahead of NFP as Fed hike bets retreat. USD/JPY stands out with a 141-pip implied move as FX volatility takes centre stage.
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US dollar selling pressure fades ahead of NFP as Fed hike bets retreat. USD/JPY stands out with a 141-pip implied move as FX volatility takes centre stage.

Gold futures rebound above $4,000 as falling US yields, improving sentiment and bullish seasonality raise hopes of a significant reversal.

AUD/USD struggles despite a weaker US dollar and falling Treasury yields, as Democratic sweep expectations fuel volatility and Wall Street risk aversion.

US midterms threaten fresh dollar volatility as USD/CHF tests technical support and USD/CAD clings to 1.3940 ahead of election results.

Australian CPI and rate decisions from the RBNZ, BoC and Fed put AUD, NZD and CAD to the test, with inflation surprises and policy guidance in focus.

Safe-haven demand sent the Japanese yen higher across FX majors, while USD/JPY broke lower ahead of Japan's CPI release and next week's BOJ meeting.

EUR/USD looks oversold as the US dollar rally loses momentum. With hot CPI expectations potentially priced in, could inflation trigger a dollar pullback?

AUD/USD faces a volatile week as Middle East tensions, rising oil prices, RBA minutes, Australian jobs and US CPI test the Aussie's recovery.

USD/CHF reverses from channel resistance as bond volatility surges and broad Swiss franc strength points to a possible carry-trade unwind.

AUD/USD slumps towards 70c as surging US yields and a stronger dollar overshadow Australian jobs data and the RBA outlook.

While momentum is clearly backing bullish US dollar bets for now, I maintain my bigger picture view that it has topped for the year despite the Fed’s hawkish hike

AUD/USD slides as surging oil, rising Treasury yields and hot US PPI revive Fed hike bets ahead of CPI.

USD/JPY slides as BOJ and Fed repricing favour the yen, while traders await confirmation of whether the MOF joined the move.
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