
EUR/USD, USD/JPY Forecast: Fed Hike Bets Ease, Yen Weakness Does Not
Softer Fed rate hike pricing has not derailed the USD/JPY rebound, while EUR/USD continues to grind higher into US CPI.
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Softer Fed rate hike pricing has not derailed the USD/JPY rebound, while EUR/USD continues to grind higher into US CPI.

USD/JPY is attempting to stabilise after its sharpest 2-day decline in 4 years, but Fed-backed support for Japan could keep rallies on a short leash.

The US dollar eyes 102 as soaring crude oil prices, geopolitical tensions and hawkish Fed bets combine to strengthen the bullish case.

AUD/USD snapped a four-week losing streak, but the bounce lacks conviction as traders eye ISM services, FOMC minutes and resistance near 0.7000.

Crude oil jumps, the Dollar firms and risk softens, but with a TACO window open and prior Monday fades in play, reversal risk remains elevated.

Another TACO may be the base case, but with both the euro and yen under pressure, the downside risks look far larger if that view is wrong.

Gold weakens despite geopolitical risks as crude oil volatility surges on Middle East tensions. Traders watch $5,000 support on gold and $100 for Brent.

Rising unemployment in New Zealand masks firmer labour market conditions, keeping the RBNZ sidelined and NZD/USD consolidating.

AUD/USD shows signs of exhaustion near recent highs as traders weigh tariff risk, fading RBA hike odds and Fed policy divergence.

The ASX 200 lags Wall Street as sector rotation masks weakening momentum, with Industrials hinting at a base while futures face resistance near 8,800.

The ASX 200 lags Wall Street as sector rotation masks weakening momentum, with Industrials hinting at a base while futures face resistance near 8,800.

Traders are ramping up bets on two BOJ hikes by October next year as inflation and wage signals strengthen. Could this shift spell trouble for USD/JPY bulls?

Japanese yen softens as risk-on sentiment lifts majors. USD/JPY holds key support while the Nikkei tracks higher toward the 50k barrier.
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