
Dollar Nears Two-Month Low as Markets Await Delayed US Jobs Data
The Dollar Index approaches a two-month low ahead of the delayed US jobs report. Markets anticipate a BOJ rate hike and a BOE rate cut this week.

The Dollar Index approaches a two-month low ahead of the delayed US jobs report. Markets anticipate a BOJ rate hike and a BOE rate cut this week.

The Yen held steady after a powerful earthquake in Japan. Markets prepare for the Fed’s highly probable rate cut (87% odds) and the RBA’s policy decision this week.

The Dollar Index drifts lower amid high probability (86% odds) of a Fed rate cut next week. Focus shifts to the PCE data, while EUR and GBP gain momentum.

Gold strengthened amid robust expectations (85% probability) of a Fed rate cut after mixed jobs data. Market focus now shifts to the key inflation gauge, Core PCE.

BOJ Governor Kazuo Ueda stated there is “some uncertainty” on future rate hikes as officials work to determine the neutral interest rate, a key factor in their tightening path.

USD/CAD is approaching a critical Inner Channel support. Expert analysis suggests a confirmed daily breakout below this level will unlock a major sell-off towards the 1.3050 demand zone.

US Treasury yields are inching lower as the market maintains a strong 87% bet on a Federal Reserve rate cut next week, awaiting key employment and inflation data.

Gold rebounds on rising Fed cut expectations while silver hits a new record high, supported by tightening global supply and strong central bank buying.

Markets steadied on Tuesday as bonds and crypto recovered from Monday’s sell-off. Traders remain focused on Japan’s policy shift and the likelihood of faster U.S. rate cuts.

USDJPY has completed a trendline breakdown and is retesting resistance at 156.00–156.60. Unless price breaks above 157.95, the pair is positioned for deeper downside toward 147.80