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ING: Intervention Risks Rise for Yen as USD/JPY Holds Elevated
ING strategists warn that the dollar's post-Fed gains keep USD/JPY in intervention territory, with risks rising amid thin US holiday liquidity.
USD/JPY Holds Near Multi-Decade High as Intervention Fears Mount
USD/JPY consolidates above 161.00 after hitting 161.80, just below the four-decade peak of 161.95 from June. Market participants eye possible intervention by Japanese authorities.
GBP/USD Pressure Builds on By-Election Uncertainty, DBS Warns
DBS Group Research strategist Chang Wei Liang says GBP/USD could remain volatile after easing toward 1.32, citing uncertainty from a by-election where Labour candidate Burnham leads in Makerfield.
SNB Cautious, Swiss Franc Has Limited Downside – MUFG
MUFG's Derek Halpenny notes that the Swiss franc underperformed after the SNB left rates unchanged at zero, but minor inflation forecast revisions underscore expectations of persistently low inflation, limiting downside.
Dollar Rallies on Fed Moves, Posts Best Two-Day Gain Since Middle East Conflict
The US dollar recorded its best two-day rally since the start of the Middle East conflict, driven by Federal Reserve policy and safe-haven demand.
ING Raises EUR/USD Year-End Target to 1.18 on Dovish Fed View
ING's FX team, led by Francesco Pesole, has revised its EUR/USD forecast upward, targeting 1.18 by year-end, citing expectations of moderate dollar weakness in H2 driven by a dovish Fed relative to market pricing and fading energy concerns.
Euro Trades Flat After Bouncing from Three-Month Lows
The Euro is trading practically flat against the US Dollar at 1.1460 after recovering from three-month lows, as USD buyers pause.
EUR/USD Bears May Pause Before Testing 2026 Low
The Euro is trading near the 2026 low of 1.1410, extending losses for a third straight day after hawkish Fed signals triggered the biggest single-day drop since July 2025. Analysts suggest bears may take a breather before attempting to break through that key level.
Fed's Hawkish Tilt Unsettles Markets; Focus Turns to PCE, PMIs
New Fed Chair Kevin Warsh's first FOMC meeting prioritized inflation control, unsettling markets despite easing geopolitical risks. This week's focus shifts to PCE inflation and PMI data.
Japanese Yen Near 40-Year Lows as Intervention Speculation Intensifies
The Japanese Yen remains under pressure against the US Dollar, trading near multi-decade highs as traders speculate on potential intervention.
BBH: Political Risks Cap GBP/USD Recovery
A BBH analyst notes GBP/USD bounced after holding above its late-March low, but political risks continue to cap further gains.
DXY Eases from 101.13 High but Holds Near Yearly Peaks
The US Dollar Index edged lower from its 101.13 high during Friday's European session amid thin trading due to a US bank holiday and ongoing uncertainty over the US-Iran peace deal.
Market Holiday Slows Activity; Iran-US Talks Postponed; Burnham Wins MP Seat
Low trading activity due to a market holiday, while Iran-US talks in Switzerland have been postponed. In UK politics, Andy Burnham wins a seat as MP ahead of a potential leadership challenge.
Silver Falls 0.99% to $65.06 on Friday
Silver prices (XAG/USD) fell 0.99% on Friday, trading at $65.06 per troy ounce, down from $65.71.
Fed Holds Rates, Dot Plot Signals Possible 2026 Hike, Dollar Gains
The Federal Reserve kept the federal funds rate at 3.5-3.75% as widely expected, but the updated dot plot revealed a higher likelihood of at least one rate hike by the end of 2026, pushing the dollar higher.
USD/CHF Fails to Break 0.8100 but Bullish Trend Intact
USD/CHF extended its rebound from the 0.7900 level for a third consecutive day but stalled near the 0.8100 YTD peak, with analysts pointing to intact bullish potential.
GBP/USD Breaks April Trendline, Societe Generale Sees Further Losses
Societe Generale analysts report that GBP/USD has broken below its ascending trendline from April 2025 and is extending declines, pointing to deeper losses ahead.
Dollar Index Breakout Fueled by Hawkish Fed Repricing – Societe Generale
The US Dollar Index (DXY) has broken above 101.00, supported by a hawkish shift in Fed pricing, according to Societe Generale’s Kenneth Broux.
NZD/USD Extends Decline, Bears Target YTD Low at 0.5680
The New Zealand Dollar fell to a fresh low of 0.5724 against the US Dollar, with bears now eyeing the year-to-date low of 0.5680 as USD strength continues.
USD/JPY Uptrend Intact as 162 Resistance Nears – SocGen
Societe Generale's Kenneth Broux notes USD/JPY has resumed its advance after holding a multi-month trendline near 157.40 and breaking out of consolidation, approaching the 2024 peak near 162.
EUR/USD Slips to Lowest Since March 2026 as USD Gains on Hawkish Fed Bets
EUR/USD fell to its lowest level since March 31, 2026, near 1.1457, as growing expectations of further Federal Reserve tightening boosted the US dollar.
AUD/USD Vulnerable Near 0.7000, Key Fibonacci Level in Focus
AUD/USD remains under pressure around the 0.7000 handle after a brief recovery from a one-week low. Traders watch for a break below the 61.8% Fibonacci retracement level.
Silver Extends Losses Near $64.50 as US-Iran Hope Fades
Silver price (XAG/USD) trades lower for a third consecutive day, hovering around $64.70 during European hours on Friday, weighed down by revived inflation concerns and fading optimism over US-Iran peace talks.
USD/JPY Rises to 161.30, Highest Since 2024, Surpassing Intervention Level
USD/JPY climbed to 161.30 on Friday, its highest level since 2024, moving well beyond the level that previously triggered a suspected intervention in April.