The euro collapsed on Wednesday after reports that Ukraine had hit Russia with missiles. Traders fear Trump’s looming tariffs on Eurozone goods. Economists expect the Fed to lower borrowing costs in December. The EUR/USD forecast shows a fragile euro as investors worry about the escalating Ukraine war and Trump’s looming tariffs. Meanwhile, the greenback paused...
Recent Bank of Japan remarks have shown a growing urgency to strengthen the weak yen. BoJ’s Ueda said the central bank would focus on incoming data before the December meeting. The dollar eased as market participants awaited new developments in the US. The USD/JPY outlook indicates growing enthusiasm among yen bulls after recent hawkish remarks...
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