Choppy range outlook against US Dollar – Rabobank

Choppy range outlook against US Dollar – Rabobank

Rabobank’s Senior FX Strategist Jane Foley notes that EUR/USD recently fell below its prior 1‑month forecast of 1.15, prompting a reassessment of projections. RaboResearch has shifted its 1‑ to 12‑month forecast table moderately in favour of the Dollar but says its broader view is largely unchanged and expects EUR/USD to trade in choppy ranges around […]

Intervention risks shape Dollar pullback – MUFG

Intervention risks shape Dollar pullback – MUFG

MUFG’s Teppei Ino reviews recent USD/JPY price action, noting the pair opened near 161.78 and briefly tested the 162.84 area before reversing. The report highlights Dollar weakness after comments from Fed Chair Kevin Warsh and a softer US employment report. Despite broad Dollar selling against G10 currencies, the Yen remained relatively weak within this environment. […]