USD in the spotlight: latest news

The USD/JPY exchange rate is currently around 154.80, experiencing a decline for the second consecutive week. This drop follows comments from BoJ Governor Ueda, indicating Japan's first interest rate hike since 2007, while the Federal Reserve gets ready for a potential 25 basis point cut.

The EUR/USD weekly forecast indicates slight gains, a shift in market sentiment, expectations regarding the Federal Reserve, and important trading ranges to watch ahead of Wednesday's FOMC decision.

The USD/JPY currency pair is under increasing pressure as Bank of Japan Governor Ueda suggests potential interest rate hikes, while US inflation rates appear to be stabilizing. Anticipated releases of GDP and wage data, along with the upcoming Federal Reserve meeting, are expected to significantly impact the USD/JPY exchange rate.

The GBP/USD pair is currently trading between 1.3330 and 1.3360, influenced by increasing expectations of a U.S. Federal Reserve rate cut and a declining dollar, alongside the resilience of the UK economy.

The Federal Reserve's upcoming message on Wednesday is expected to determine the direction of the USD/JPY exchange rate, with potential for either a bullish or bearish movement based on their stance.

The manager of a $24 billion gold ETF has set ambitious targets for gold prices by the year 2030.

The weekly forecast for gold shows moderate support from expectations of Federal Reserve easing, which is putting pressure on the US dollar.

The weekly Forex forecast for December 7 to December 12, 2025, includes insights on USD/CAD, USD/MXN, the S&P 500, and Silver. The report provides both technical and fundamental analysis, highlighting actionable trading opportunities.

The euro is currently trading around 1.1650 and is poised for a potential breakout above 1.1700. This movement comes as the Federal Reserve plans a 25 basis points rate cut and Jerome Powell's anticipated departure in 2026 contributes to a weakening dollar.

The EUR/USD exchange rate stands at 1.1640, reflecting a weekly increase of 0.39%. Traders are anticipating an 86% likelihood of a Federal Reserve rate cut, which could influence future movements in the currency pair.

A recent Reuters poll indicates that foreign exchange strategists continue to predict a weaker U.S. dollar over the next year, largely due to the Federal Reserve's monetary policy.

The instability of the US Dollar, influenced by geopolitical tensions and uncertainties surrounding the Federal Reserve, is prompting investors to consider diversifying their portfolios. Consequently, the forecast for the EUR/USD exchange rate has been revised to reflect a modest upward trend.

EUR/USD is currently consolidating just below resistance levels. Expectations of a Federal Reserve rate cut, coupled with robust data from the Eurozone and a weakening dollar, suggest that a breakout towards 1.22 may be on the horizon.

The Federal Reserve's message on Wednesday is expected to determine the direction of USD/JPY, whether it will rise or fall, depending on whether it adopts a hawkish or dovish stance.

The GBP/USD pair is showing strength as it approaches 1.3349, reflecting a daily gain of 0.19%. This increase is attributed to ongoing weakness in the US dollar.

The weekly forecast for USD/CAD appears bearish due to ongoing weakness in the U.S. dollar. In contrast, rising oil prices and positive economic data from Canada have bolstered the Canadian dollar.

Credit Agricole predicts that the Euro to Dollar exchange rate will reach 1.10 by the end of 2026 or early 2027.

The US Dollar has weakened as traders anticipate an 87% likelihood of a Federal Reserve rate cut in the upcoming week. Weak labor data and dovish expectations are overshadowing the rising Treasury yields.

A recent Reuters poll indicates that forecasts for the Canadian dollar's strength have become less optimistic. Analysts suggest that the currency is expected to appreciate at a slower pace than previously anticipated due to the ongoing challenges in securing a trade deal with the United States.

GBP/USD is maintaining its position above 1.3330 as investors anticipate a 92% likelihood of a Federal Reserve rate cut and a 90% chance of easing from the Bank of England. Additionally, core PCE inflation has decreased to 3.2%.

The Pound Sterling (GBP) continues to strengthen against the US Dollar (USD), pushing GBP/USD to new five-week highs above the 1.3350 mark.

EUR/USD has paused following a significant upward movement. The currency pair surpassed the 1.1680 mark in the latter part of the week, achieving its highest levels.

The US Dollar is holding steady around the crucial 99.00 level on Friday, recovering from a recent one-month low of 98.80 reached on Thursday.

The Australian Dollar (AUD) continues to rise against the US Dollar (USD) on Friday, reaching its highest level since September 18 as it benefits from a recent channel breakout.

The US Dollar is experiencing a decline as markets anticipate an 85% likelihood of a Federal Reserve rate cut. The DXY index remains under pressure, while both GBP/USD and EUR/USD continue to show bullish momentum.