USD/JPY outlook weakens as the likelihood of a BoJ rate hike in December increased to 54%. The Fed’s policy outlook has changed significantly since Trump won. A BoJ rate hike might give the yen temporary support. The USD/JPY outlook shows a stronger yen as Ueda’s hawkish remarks increase the likelihood of a December BoJ rate...
EUR/USD forecast remains neutral with no clear bias. Easing Fed’s dovishness keeps the US dollar strong. Market awaits impetus to break out of current range. The EUR/USD forecast remains neutral for the day as the economic calendar is light and trading activity is thin. The pair attempted to gain some ground from Friday’s lows but...
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